Help Centre

Nondeductible Interest Expense

Nondeductible interest expenses include commitment fees or standby charges; they are fees incurred to have business funds readily available over a period of time, but not for the actual use of funds. 

Interest on individual income tax owed. 

Interest related to tax exempt income.

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.