Skip to main content

Legal Update

High-Level Overview of the Proposed Regulations on Interest Deduction Limitation Rules

30 November 2018
Mayer Brown Legal Update
On November 26, 2018, the Department of Treasury and US Internal Revenue Service released proposed regulations that flesh out the new Section 163(j) interest limitation rule—a cornerstone of the Tax Cuts and Jobs Act enacted by Congress in December 2017. The rule, which applies to all taxpayers (subject to specified exceptions) and reduces their ability to deduct interest expenses, also changes the landscape for how businesses will consider funding their operations. This Legal Update sets forth an overview of certain portions of the proposed regulations.


  • Steven D. Garden
    T +1 312 701 7830
  • Gary Wilcox
    T +1 202 263 3399
  • Jeffrey M. Bruns
    T +1 312 701 8793
  • Lucas Giardelli
    T +1 212 506 2238
  • Isaac L. Maron
    T +1 202 263 3839
  • Minju Kim
    T +1 212 506 2169
  • Brennan W. Young
    T +1 212 506 2691
  • Xiao Xiao
    T +1 312 701 8407
The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.