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# Under the 1986 tax law, interest payments on a refinanced

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Joined: 29 Jan 2005
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Under the 1986 tax law, interest payments on a refinanced [#permalink]

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14 Oct 2005, 00:47
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Under the 1986 tax law, interest payments on a refinanced business loan are deductible only if the amount of the loan does not exceed the value of the business, the cost of refinancing, and any additional amount borrowed against the business to pay for tax or legal expenses.

(A) any additional amount borrowed against the business to pay for tax or legal expenses
(B) borrowing any additional amount against the business for payment of tax or legal expenses
(C) also borrowing any additional amount against the business to pay for tax or legal expenses
(D) any additional payment of tax or legal expenses that were borrowed against the business
(E) any additional payment borrowed against the business for tax or legal expenses
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Joined: 15 Apr 2005
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14 Oct 2005, 01:20
There seems to be nothing wrong. So I would choose A.
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14 Oct 2005, 02:05
GMATT73 wrote:
Under the 1986 tax law, interest payments on a refinanced business loan are deductible only if the amount of the loan does not exceed the value of the business, the cost of refinancing, and any additional amount borrowed against the business to pay for tax or legal expenses.

(A) any additional amount borrowed against the business to pay for tax or legal expenses
(B) borrowing any additional amount against the business for payment of tax or legal expenses
(C) also borrowing any additional amount against the business to pay for tax or legal expenses
(D) any additional payment of tax or legal expenses that were borrowed against the business
(E) any additional payment borrowed against the business for tax or legal expenses

Uhm, your SC is tough as usual
as the sentence use the parallelism structure for the listing :
the value of .....
the cost of .......
I surmise D is correct with any additional payment of

Edit : A is fine!
Re: SC Comparison   [#permalink] 14 Oct 2005, 02:05
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