INVESTMENT INDEBTEDNESS
investment indebtedness.Tax. Debt incurred by a taxpayer to acquire or carry assets that may produce income. • The Internal Revenue Code limits the amount of deductible interest on this type of debt.
[Blacks Law 8th]
investment indebtedness.Tax. Debt incurred by a taxpayer to acquire or carry assets that may produce income. • The Internal Revenue Code limits the amount of deductible interest on this type of debt.
[Blacks Law 8th]