ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

ELFA Expresses Support for Increasing the Interest Deductibility Limitation

Posted 11/08/2023
The America Invests in Manufacturing (AIM) Act is gaining broad support from national and local business organizations and industry stakeholders, including ELFA. The legislation would reinstate the Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) measure for U.S. businesses to make critical investments and protect American jobs. Andy Fishburn, ELFA VP of Federal Government Relations, said, “The tax code shouldn’t pick winners and losers in whether a customer acquires their equipment through leasing, financing, or buying outright. This EBIT standard does exactly that, on steroids! It’s time to bring back the DA!”  Read more 


Amy Vogt