IT3b on loan accounts for tax purposes?
By Marc Sevitz · Updated
If you earn interest on loan accounts from your company and the company do not issue IT3b from the company what do you use as supporting docs for interest income?
You can use the company's financial statements which should show the interest.
You can also submit an intercompany loan agreement which should reflect the loan terms and interest rate, together with a supporting calculation.
You can also submit an intercompany loan agreement which should reflect the loan terms and interest rate, together with a supporting calculation.