Latest News [index] Look-through companies and interest deductibility
Inland Revenue released a Question We've Been Asked: "Income tax - look-through companies and interest deductibility" on 1 November 2011
This release confirms that, subject to legislated limitations, interest deductions previously allowed to LAQCs will continue to be allowed where an LAQC becomes a look-through company.
See QB 11/03: "Income tax - look-through companies and interest deductibility"