Excess business interest expense definition

Excess business interest expense means the same as defined in Treas. Reg. Section 1.163(j)-1(b)(16).
Sample 1Sample 2Sample 3

Examples of Excess business interest expense in a sentence

  • Excess business interest expense is only applicable to partnerships subject to section 163(j).

  • Excess Business Interest Expense 32 32 Excess business interest expense.

  • See the instructions for more information.Excess Business Interest Expense 32 32 Excess business interest expense.

  • Excess business interest expense may remain, however, after such allocations.

  • Instructions for Form 6251K Excess business interest expense See Partner’s Instr.

  • Excess business interest expense from a partnership is treated as paid or accrued by a partner to the extent excess taxable income and excess business interest income are allocated from such partnership to the partner.

  • Because the full amount of FC’s allocable deductible business interest expense ($25.50x) is allocable under paragraph (c)(3)(ii)(A)(1) of this section, no portion is allocated under paragraph (c)(3)(ii)(B) of this section.(3) Excess business interest expense.

  • In any case, LDA+vLB can be implemented us- ing, e.g., LibXC software61, if the asymptotic behavior of Veff (r s) is set judiciously in the interstitial of the solid.

  • Excess Business Interest Expense 32 Excess business interest expense.

  • Excess Business Interest Expense(f) Current year excesstaxable income(g) Current year excess business interest income(h) Excess business interest expense treatedas paid or accrued (see instructions)(i) Current year excess business interest expense carryforward((e) minus (h))(c) Current year(d) Prior year carryforward(e) Total ((c) plus (d)) 43 ALPINE INVESTORS III, LP 20-4521923 340 340 0 0 0 340 TRANSPORTATION INSIGHT TOPCO, LP 83-1505130 9,925 9,925 0 0 0 9,925 0 0 0 0 0 0 0 0 0 0 0 0 44 Total .

Related to Excess business interest expense

  • Interest Expense means, for any period, the aggregate of the interest expense of Parent and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Interest Charges means, for any period, the sum of: (a) all interest, charges and related expenses payable with respect to that fiscal period to a lender in connection with borrowed money or the deferred purchase price of assets that are treated as interest in accordance with GAAP, plus (b) the portion of Capitalized Lease Obligations with respect to that fiscal period that should be treated as interest in accordance with GAAP, plus (c) all charges paid or payable (without duplication) during that period with respect to any Hedging Agreements.

  • Cash Interest Expense means, for any period, Consolidated Interest Expense for such period, less the sum of (a) interest on any debt paid by the increase in the principal amount of such debt including by issuance of additional debt of such kind, (b) items described in clause (c) or, other than to the extent paid in cash, clause (g) of the definition of “Consolidated Interest Expense” and (c) gross interest income of Borrower and its Subsidiaries for such period.

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • Consolidated Fixed Charges means, with respect to any Person for any period, the sum, without duplication, of:

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.