Shajani CPA

Excessive Interest and Financing Expense Limitations (EIFEL)

October 7, 2024
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Finances, Tax Planning

The Excessive Interest and Financing Expense Limitation (EIFEL) rules, which were enacted in June 2024 and are effective for tax years beginning on or after October 1, 2023, introduce important new constraints on the deductibility of interest and financing expenses…

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(EIFEL)

Excessive Interest and Financing Expense Limitations (EIFEL)

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