CIT Deduction Important to Middle Market Financing

In Middle Market Growth, Matthew R. Morris, a partner with the forensic accounting and consulting firm RGL Forensics, an ACG sponsor, discusses corporate interest tax deductibility and the middle market at InterGrowth 2016 in New Orleans in early May.

As appeared in Middle Market Growth, June 9, 2016.

Matthew R. Morris, a partner with the accounting firm RGL Forensics, an ACG sponsor, discusses corporate interest tax deductibility and the middle market at InterGrowth 2016 in New Orleans in early May.

An RGL study that he authored, produced in collaboration with ACG Global, found that the elimination of the corporate interest tax deduction, or CIT, would have “serious and far-reaching implications for equity valuations, and the potential to adversely affect the growth and health of the U.S. middle market and the greater U.S. economy.” Find out why.

*Effective December 2018, RGL Forensics joined Baker Tilly US, LLP. This article was published while we were RGL Forensics. The author(s) or team member(s) quoted from RGL are now employees of Baker Tilly.