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MyWikiBiz, Author Your Legacy — Wednesday July 03, 2024
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Revision as of 14:10, 3 June 2013
, 14:10, 3 June 2013If a single corporation provides the entire loan, its loan-investment of $2.9 million results in a $2.9 million federal deduction. The total return then depends on the federal tax bracket of the corporation.
If a single corporation provides the entire loan, its loan-investment of $2.9 million results in a $2.9 million federal deduction. The total return then depends on the federal tax bracket of the corporation.
