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No US Deduction for Related-Party Interest or Royalty Paid Abroad

Source: Tax Law
Link: No US Deduction for Related-Party Interest or Royalty Paid Abroad

Please see Sunita Doobay’s latest article for the Canadian Tax Foundation’s newsletter Canadian Tax Highlights which covers the U.S. restriction on 2017 interest deductibility between related parties. The restriction was added in December 2017.

The post No US Deduction for Related-Party Interest or Royalty Paid Abroad appeared first on TaxChambers LLP | Tax Lawyers & Advisors.

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