Distressed debt investors face tax consequences.
In an era of booming private credit driven by a challenging economic climate and high interest rates, holders of distressed debt instruments now face numerous tax issues. Private credit and debt funds that invest in distressed debt investments are particularly affected as debt is exchanged or refinanced.
Join our national M&A tax advisors for a discussion about the technical tax and practical tracking considerations now faced by distressed debt investors.
Learning objectives:
- Understand interest nonaccrual and bad debt deductions.
- Learn about various approaches to typical workouts and consequences to holders.
- Briefly discuss consequences for issuers, particularly for partnerships and potential impact to investors.
Watch the on-demand today and learn how to navigate the complex landscape of distressed debt tax implications.