Assertion: debt instrument's amount | /r/HasProperty | deductible
Facets:
value: each year
type: TEMPORAL
value: as interest
type: MANNER
value: on a debt instrument
type: LOCATION
value: under section
type: OTHER
Source sentences:
text: Except as otherwise provided in paragraph (b) of this section, an issuer (including a transferee) determines the amount of OID that is deductible each year under section 163(e)(1) by using the constant yield method described in § 1.1272-1(b).
text: If interest payments are made contingent on earning profits or on the value of publicly traded property or the value of a stock or commodities index, a question may arise whether the amount paid by way of interest is tax deductible.
text: To determine the amount of interest (OID) that is deductible each year on a debt instrument that provides for contingent payments, see § 1.1275-4.
text: The accurate determination of principal and interest is necessary in United States tax law to determine the basis of property and to determine whether an amount paid is deductible and includible as interest, or simply a nontaxable debt repayment.