The AICPA also submitted to the Department of Treasury and IRS a request to clarify that section 163(j) and the Treasury Regulations promulgated thereunder apply after a taxpayer elects to capitalize interest expense under section 266 or other provision that allows elective capitalization of interest expense.
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AICPA Comments on the Interaction between Section 266 and Section 163(j)
Aug 30, 2024 · 413.8 KB Download
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Download the AICPA Comments on the Interaction between Section 266 and Section 163(j)
File name: AICPA CommentLetter - Interaction between 163j and 266.pdf
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