business interest
Defined in 1 place of the United States Code.
For purposes of this subsection, the term "business interest" means any interest paid or accrued on indebtedness properly allocable to a trade or business. Such term shall not include investment interest (within the meaning of subsection (d)).
Source
- 2017–202526 U.S.C. § 163Internal Revenue Code · Interest · under this chapter
For purposes of this subsection, the term “business interest” means any interest paid or accrued on indebtedness properly allocable to a trade or business. Such term shall not include investment interest (within the meaning of subsection (d)). Such term shall not include any interest which is capitalized under section 263(g) or 263A(f).
Source
- 2025–present26 U.S.C. § 163Internal Revenue Code · Interest · under this chapter