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Due to/from affiliates
How are intercompany loans (without interest) or due to/from accounts treated on tax returns? Example:
Two partners own a company. One partner invests a large lump some into a business and gets repaid over time at random amounts. The capital accounts are 50/50 so the they would like to treat the lump sum as loan to not affect shareholder percentages.
‎January 8, 2019
9:23 AM