Which financial instruments are affected by the General Interest Deduction Limitation Rule?

The General Interest Deduction Limitation Rule applies to a broad range of financial instruments, including but not limited to:

  • Performing and non-performing debt instruments
    Interests held in Collective Investment Schemes
    Collateralized asset-backed debt securities
  • Agreements for the sale and subsequent repurchase of the same security at a future date at an agreed upon price
  • Stock lending arrangements
  • Securitizations and similar transactions
  • Lease or hire purchase arrangements
  • Factoring and similar accounts receivable purchase transactions