Is Interest on Taxes Deductible?

Date
1996-03-08
Authors
Harl, Neil
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Altmetrics
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Iowa State University Digital Repository
Abstract

For months, the debate has raged over the question of whether interest on federal income taxes attributable to a business is deductible for federal income tax purposes. Much of the debate has focused on a North Dakota farm case although the Tax Court in early 1996 decided a case on the issue.

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