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Re: Cheetah Man Iowa post# 47477

Monday, 12/25/2017 2:31:55 PM

Monday, December 25, 2017 2:31:55 PM

Post# of 68548
The new tax law has two new limits

NOL’s can not offset 100% of taxable income, only 90%
Interest for entities that have more than $25m in gross receipts can only deduct interest up to 30% of their ebitda.

So interest no t as effective as it was prior to 2018

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