State Tax Structuring Opportunities for NAV Lenders

In this article, which was published by Tax Notes on June 4, 2025, I explore state tax structuring opportunities for net asset value lenders (NAV) lenders to increase their yield. I provide examples illustrating how the terms of the loan and collateral agreements, collateral type, lender and borrower structure, and location where the loan origination activities are performed affect the jurisdictions where the interest is sourced and taxed.

Read more: https://www.creditfundadvisors.com/s/grains_of_salt_for_net_asset_value_lenders_20250604-173908.pdf