Private equity sponsors and their lenders are particularly impacted by two key changes to business tax provisions in the Tax Cuts and Jobs Act: the new limitation on deductibility of business interest expense and the temporary increase in the amount of capital expenditures that may be currently expensed.

In our latest Tax Takes video, Gary Rosenbaum and Alexander Lee discuss changes to the interest deductibility cap and other considerations for sponsors and lenders under the new tax legislation.

On the Subject: The Impact of Tax Reform on Finance

Alexander Lee, Gary Rosenbaum and Sarah Steigleder examine the key changes to business tax provisions and their implications for credit terms and deal structures.