As of 2018,U.S.tax law limits the tax deduction for interest payments to 30 percent of:

Question

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The Tax Cuts and Jobs Act of 2017 limits the tax deduction for interest payments to 30% of a company's earnings before interest and taxes (EBIT) starting in 2018. This means that companies can only deduct interest expenses up to 30% of their EBIT when calculating their taxable income. If the interest expense exceeds the 30% limit, it can be carried forward to future years. This rule applies to both domestic and multinational businesses.