tax issue - is interest deductible?, page-16

  1. 11,223 Posts.
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    George

    I would agree with what you have posted except that even if a solid case was put forward that the intention but the deduction still ended up being disallowed it is only the penalties that may be reduced or not charged interest on ammended assessments even if it was based on an argualble position would still be levied in most cases
 
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