Asked by
deborah condor
on Nov 15, 2024
Verified
Bond interest expense is not tax deductible.
Bond Interest Expense
The cost incurred by an issuer of bonds due to the interest payments made to bondholders.
Tax Deductible
Expenses that can be subtracted from gross income to reduce taxable income.
- Understand the tax implications of bond interest expense.
Verified Answer
SH
Learning Objectives
- Understand the tax implications of bond interest expense.
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