Assertion: debt instrument's interest | /r/HasProperty | paid to related party
Facets:
Source sentences:
text: The “earnings stripping” provisions of Section 163(j) can further limit a deduction for interest after it is paid by disallowing interest paid to a related party when it is subject to either no or reduced taxation when net interest expense exceeds 50 percent of adjusted taxable income and the debt-to-equity ratio at close of tax year exceeds 1.5:1.
text: If you have determined that the interest accrued was actually paid to the related party, the next step is to determine the source of funding for the payments.