Important
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For information call now:
(347) 989-4566
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Additional information
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Internal Revenue Service
Austin Service Center
ITIN Operation
P.O. Box 149342
Austin, TX 78714-9342
IN
1-800-829-1040
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Contingent Interest
Contingent interest is either of the following:
1. Interest that is determined by reference to:
a. Any receipts, sales, or other cash flow of the debtor or
related person,
b. Income or profits of the debtor or related person,
c. Any change in value of any property of the debtor or a
related person, or
d. Any dividend, partnership distributions, or similar payments
made by the debtor or a
related person.
For exceptions, see Internal Revenue Code section 871(h)(4)(C).
2. Any other type of contingent interest that is identified by
the Secretary of the Treasury in regulations.
Exception for existing debt. Contingent interest does not
include interest paid or accrued on any debt with a fixed term.
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