The U.S. IRS and Treasury have issued the final regulations (TD 9943) on Additional Guidance Regarding Limitation on Deduction for Business Interest Expense under section 163(j) of the Internal Revenue Code. The final regulations are pending publication in the Federal Register and will generally apply 60 days after publication. --- SUMMARY: This document contains final regulations that provide additional guidance regarding the limitation on the deduction for business interest expense under section 163(j) of the Internal Revenue Code (Code) to reflect amendments made by the Tax Cuts and Jobs Act and the Coronavirus Aid, Relief, and Economic Security Act. Specifically,...