BUSINESS INTEREST EXPENSE
Cost of interest imposed on business loans used in operating a business. It is deductible like an ordinary business expense. The loan must be utilized to either acquire assets for the business or pay off business expenditures. If any amount of loan is not used for business, the amount of deductible interest must be deducted proportionately from the loan.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
