Tax reform raises big questions about interest deductibility

Donald Trump, tax, private equity, Congress, legislation
  • Unclear how interest-payment deduction would be capped
  • PE has relied on the deduction for years
  • Still plenty of runway for lobbyists to negotiate
The framework for tax reform put forward on Sept. 27 by President Donald Trump and Republican congressional leaders would limit the deductibility of interest payments on corporate debt. The interest-payment deduction has been vital to the success of the LBO ...

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