Kevin Hall, Emily Mussio, Justin Jesse and David Sherwood authored this bylined article about the proposed regulations made by the Internal Revenue Service to limit the amount of business interest a taxpayer may deduct. “With the amendment of Code Section 163(j), the ability of some taxpayers to deduct interest on intercompany debt has been diminished substantially,” they wrote. “This may require a taxpayer to reevaluate funding and capital structures, and may necessitate a new strategy.”
