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U.S. IRS and Treasury Issue Final Regulations on Additional Guidance Regarding Limitation on Deduction for Business Interest Expense

|Approved Changes|United States
United States

The U.S. IRS and Treasury have issued the final regulations (TD 9943) on Additional Guidance Regarding Limitation on Deduction for Business Interest Expense under section 163(j) of the Internal Revenue Code. The final regulations are pending publication in the Federal Register and will generally apply 60 days after publication.

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SUMMARY:

This document contains final regulations that pro…

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