Page 126 - Large Business IRS Training Guides

Interest for Purposes of IRC § 163(j) 1

Examples of amounts treated as interest under

general tax principles include:

• Qualified stated interest • Amounts treated as

• Original issue discount interest under section

(OID) 988

• Repurchase premium • Amounts paid or received

• Deferred Payments in connection with a sale-

treated as interest under repurchase agreement

section 483 (Imputed treated as indebtedness

Interest) for US tax purposes
(REPO’s)

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