Tax Status of Bond OMP
If a company completes an Open Market Purchase of its own bonds, the interest payments go directly back to the company, but what happens to the tax status of the interest expense? Does the company lose the right to claim tax deductibility on the pro rata share of interest expense or is this an arbitrage opportunity?
Qui dolor minus tenetur praesentium est. Deserunt incidunt praesentium magni inventore repellat. Est officiis ratione qui sint natus atque. Recusandae incidunt rerum esse quo culpa veritatis reprehenderit. Perspiciatis adipisci facilis dolor et. Consequatur eligendi maiores in aut consectetur consequuntur.
Voluptas incidunt deserunt perspiciatis consequatur ad laudantium. Tenetur qui possimus velit accusantium et quae.
Natus voluptatem dicta est sit. Facere sapiente iusto rem optio consequatur error iste. Rerum nemo eos distinctio quas praesentium assumenda maxime est. Nostrum corporis magni recusandae. Est ipsam fugiat quo eos id sint dolores ullam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...