interest

Stop Paying Interest On Your Debts And Start Clearing Them Instead!

Being debt free is the dream of most people. Unfortunately, paying off debt can be a struggle. In order to pay off debts quickly, some will work a second job. But if you cannot fit another job into your schedule, an affiliate program is a great second job that you can do without having a [...]

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Implications of New Interest Expense Rules for US Multinationals

Internal Revenue Code (“Code”) section 864(e), implemented through Temp. Treas. Reg. Sec. 1.861-11T, requires all members of a “domestic affiliated group” to be treated as one corporation for purposes of allocating interest expense between domestic and foreign source income. Therefore, by applying this rule, the foreign-source income derived from a foreign entity that incurs its [...]

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