Sentences with phrase «deductibility of interest paid»
Some benefits: lower interest rates, tax deductibility of the interest paid, great source of emergency funds.
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Corporate tax reform could also be offset with measures such as eliminating the deductibility of paid interest.
The test for deductibility of interest cost is that the asset pays income.
Other nasty impacts regard the limitations on the deductibility of certain royalty payments, interests paid in intercompany loans and products and services payments where they are not recognised as taxable income in the recipient country.