Section 58: Expenditure incurred on interest in production of income
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
58. Expenditure incurred on interest in production of income
Section 19 shall apply in all respects to a company as it applies to an
individual.
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Questions this section answers
- Can my company deduct loan interest from its taxable income the same way an individual can?