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, is the potential cost to you or your client more than you think if the interest deduction isn't secure?
This event revisited the principles determined in various key court cases on interest deductibility and addressed developments since they were handed down which have contributed to shaping the tax laws. Also, the practical application of these laws in relation to financing various investment and business structures was discussed.