Debt, interest and the waiver or compromise of debt have significant tax effects for both the debtor and creditor who are parties to these transactions. The income tax provisions applicable to debt waivers and interest are technical and complex and misapplying or overlooking these provisions could have severe financial and business implications. This webinar will explain the tax effects of debt, interest and debt waivers in clear, a understandable way, supported with practical examples, to enable delegates to understand the provisions and how to manage the associated risks.