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Pennsylvania DOR Issues Corporation Tax Bulletin on IRC § 163(j)

📊 Pennsylvania Just Dropped New Tax Lore

Published by OOPSONLINE.IN · Source: Bloomberg Tax News · 1 min read · · Updated

💀 OOPS SAYS

Cancel your weekend plans, because the Pennsylvania Department of Revenue just dropped some absolute fire. Nothing says "Friday night" quite like the corporate interest expense limitation under IRC § 163(j).

What actually happened

The Pennsylvania Department of Revenue (DOR) issued a corporation tax bulletin on the corporate net income tax treatment of the business interest expense limitation under IRC § 163(j) for tax ...

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  • #pennsylvania
  • #issues
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