Federal HB8101 repeals a modification to the definition of adjusted taxable income for business interest limitations.
Federal HB8101, the Ensuring Better Interest Treatment and Deductibility Act (EBITDA), amends the Internal Revenue Code to repeal a modification to the definition of adjusted taxable income for purposes of the limitation on business interest. This change is intended to affect how businesses calculate their allowable interest deductions. The amendments apply to taxable years beginning after December 31, 2025.
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