Most practitioners believe they have a good handle on the principles of interest deductibility. However, many developments have occurred in this area since landmark court cases were decided and it's easy to take for granted that you've got it covered. With interest rates on the rise, are you sure your client can claim an interest deduction?
Aimed at all practitioners who advise on financing arrangements for business entities and taxpayers in general, and other in-house tax advisors who have a responsibility for administering the income tax affairs of their company, partnership or trust, this event covered:
- the principles determined in key court cases and their effect on interest deductibility
- the debt/equity rules focusing on some of the current issues relevant to interest deductibility and likely developments, and
- debt pricing, guarantee fees and transfer pricing.