Corporations have been able to deduct interest payments on their taxes for more than 100 years. But that won’t stop politicians from proposing an end to the practice as they tap into anti-Wall Street sentiment during the coming presidential campaign season. Baker Tilly's* Matthew Morris explains in Buyouts Insider.
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*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.