OID Threshold Calculator
OID Threshold Calculator Summary
OID Threshold Calculator is a iOS app in the Business category, developed by Latham & Watkins LLP. First released 8 years ago(Mar 2017), the app has 5 ratings with a 5.00★ (excellent) average rating.
Store info: Last updated on App Store on Jul 1, 2020 .
5★
Ratings: 5
Screenshots
App Description
The following calculates the de minimis original issue discount ("OID") threshold for a typical loan or note that is required to pay regular cash interest at a single customary rate and fixed (or no) amortization on a quarterly basis. Depending on your specific situation, a result other than as calculated below may be appropriate. An incremental loan or tack-on note that is issued with less than de minimis OID and that has the same terms as the existing debt is generally considered tax fungible with the outstanding debt.