KPMG report: New section 163(j)—selected issues

KPMG report: New section 163(j)—selected issues

The new U.S. tax law includes new rules for limiting the deduction of business interest expense.


This KPMG report explains the application of new section 163(j); compares the new rules with the prior rules; and discusses selected issues the new statute has created for taxpayers, with a focus on non-partnership entities. 

The issues addressed involve corporate investment interest, consolidated groups, electing real estate trade or business, and interest equivalents. 

Read a September 2018 report [PDF 116 KB] prepared by KPMG LLP: What’s News in Tax: The New Section 163(j): Selected Issues

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