Alston & Bird Tax Blog

The Tax Act’s New Business Interest Expense Limitation – Dear IRS: Some Guidance, Please?

By and

The Tax Cuts and Jobs Act replaced the earnings stripping rules with a new limitation on deductions for business interest expense. Our International Tax Group examines the new law and what it means for interest expense deductions going forward.

  • Special rules for partnerships and S corporations
  • Rules for corporations
  • What the new limitation leaves out

Read the full advisory here.

LinkedIn
Avatar photo

About Edward Tanenbaum

Edward Tanenbaum is co-chair of the firm’s Federal & International Tax Group and a member of the firm’s Global Resources & Strategies Committee. Mr. Tanenbaum’s practice consists primarily of planning and structuring tax efficient solutions for cross-border business transactions and investments by foreign multinational corporations and high-net-worth individuals.

[Read Bio]

Avatar photo

About Daniel Reach

Danny Reach is an associate in the Federal and International Tax Group. His practice includes federal and international tax planning, and he has particular experience with the tax aspects of derivative financial instruments.

[Read Bio]

Share to...
BufferCopyFlipboardHacker NewsLineLinkedInMessengerMixPinterestPocketPrintRedditSMSTelegramTumblrVKWhatsAppXingYummly