U.S. Chamber Comments on Business Interest Regs

U.S. Chamber Comments on Business Interest Regs

U.S. Chamber of Commerce

The U.S. Chamber of Commerce has commented on proposed section 163(j) regulations (REG-106089-18), addressing several issues under the regs, including the definition of interest, adjusted taxable income computation, special rules for consolidated groups, and application of the business interest deduction limitation to partnerships, S corporations, foreign corporations, and U.S. shareholders.

The U.S. Chamber of Commerce has commented on proposed section 163(j) regulations (REG-106089-18), addressing several issues under the regs, including the definition of interest, adjusted taxable income computation, special rules for consolidated groups, and application of the business interest deduction limitation to partnerships, S corporations, foreign corporations, and U.S. shareholders.

The U.S. Chamber of Commerce has commented on proposed section 163(j) regulations (<a href="/lr/resolve//28mmy">REG-106089-18</a>), addressing several issues under the regs, including the definition of interest, adjusted taxable income computation, special rules for consolidated groups, and application of the business interest deduction limitation to partnerships, S corporations, foreign corporations, and U.S. shareholders.