LOAN NOTE TO AMERICAN entity. Is there a difference in the liability for taxation between loan interest and loan
LOAN NOTE TO AMERICAN entity. Is there a difference in the liability for taxation between loan interest and loan without interest ??
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- What does interest-free loan mean?
- Tax is imposed on income
Then the longer the loan is without interest
Then there is no income and, naturally, there is no tax.It should be borne in mind that both Israeli and American law have rules that are intended to see in relation to a loan between related parties without interest, as if given at market interest.
- Let there be an agreement
Let there be an agreement
Let there be an agreement
Tax is imposed on income
Then the longer the loan is without interest
Then there is no income and, naturally, there is no tax.
It should be borne in mind that both Israeli and American law have rules that are intended to see in relation to a loan between related parties without interest, as if given at market interest.
Tax is imposed on income
Then the longer the loan is without interest
Then there is no income and, naturally, there is no tax.
It should be borne in mind that both Israeli and American law have rules that are intended to see in relation to a loan between related parties without interest, as if given at market interest.
What does interest-free loan mean?
What does interest-free loan mean?