Assertion: debt instrument's amount | /r/HasProperty | allocated to daily portion of interest
Facets:
value: on the date
type: TEMPORAL
Source sentences:
text: The amount allocated to a daily portion of interest is not deductible by the holder.
text: However, the holder's basis in the obligation is reduced by the amount allocated to a daily portion of interest on the date the daily portion accrues.
text: The amount allocated to a daily portion of interest is includible in income by the holder as ordinary income on the date the daily portion accrues.