Partners’ Interest Expense Allocation Subject of New Regulations


New temporary and proposed regulations issued by the Internal Revenue Service make changes to the way partners allocate and apportion interest expense. The changes affect corporate partners with a 10% or more interest in a partnership as well as certain other partners. The regulations also address allocation and apportionment of interest expense using the fair market value method.

Read more about the new regulations at this article by the Journal of Accountancy.

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