federal_register: 2018-26257
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| document_number | title | type | abstract | publication_date | pub_year | pub_month | html_url | pdf_url | agency_names | agency_ids | excerpts |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018-26257 | Limitation on Deduction for Business Interest Expense | Proposed Rule | This notice of proposed rulemaking provides rules regarding the limitation on the deduction for business interest expense after the enactment of recent tax legislation. Specifically, these regulations provide general rules and definitions. The regulations also provide rules for calculating the limitation in consolidated group, partnership, and international contexts. The regulations affect taxpayers that have deductible business interest expense, other than certain small businesses, electing real property trades or businesses, electing farming businesses, and certain utility businesses. This document also withdraws a notice of proposed rulemaking relating to the disallowance of a deduction for certain interest paid or accrued by a corporation. This document also provides notice of a public hearing on the proposed regulations. | 2018-12-28 | 2018 | 12 | https://www.federalregister.gov/documents/2018/12/28/2018-26257/limitation-on-deduction-for-business-interest-expense | https://www.govinfo.gov/content/pkg/FR-2018-12-28/pdf/2018-26257.pdf | Treasury Department; Internal Revenue Service | 497,254 | This notice of proposed rulemaking provides rules regarding the limitation on the deduction for business interest expense after the enactment of recent tax legislation. Specifically, these regulations provide general rules and definitions. The... |