Construction Interest Expense Definition

What Is Construction Interest Expense? Construction interest expense is an interest that accumulates on a construction loan used to construct a building or other long-lived business asset. Typically, interest paid on a loan is immediately expensed and is tax deductible but that isn’t always the case. For example, construction interest expense that is incurred during…

11 things to know about the protests in China, this is a big first

For the past few days, news in China has been on the front page of our media. And for good reason: the uprising taking place in this country, subject to censorship and under the authority of a dictator, is something unprecedented. What’s going on ? Why are the people rising up? What are their demands?…