Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration
Home Saved articles Viewed items Login Contact Free Trial Advertise View virtual issue View online issue

Interest or profit?

27 July 2006
Issue: 4068 / Categories: Forum & Feedback

We act for a number of property investment limited liability partnerships (LLPs) which have raised money in a number of ways: bank loans, members' capital contributions and loans from members. Should the payment of interest on loans from members be treated as interest or should it be treated simply as a distribution of profits?

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon