1.   They could deduct wages, but not interest costs, most other taxes or fringe benefits.

2.   Change in the interest charge reflects no more than the impact of the stronger dollar on our U S dollar interest costs.

3.   Using a bank overdraft, would incur an interest cost, with tax capital allowances being available as above.

4.   Hire purchase would also incur a tax deductible interest cost, and again tax capital allowances would be available for the capital cost.

5.   Also, Kraft will use the proceeds from its IPO to repay money it borrowed from Philip Morris to buy Nabisco, and that will reduce its interest costs.

6.   An already-struggling company, for example, will have an even tougher time paying higher interest costs, he said.

7.   And the recent rise in profit rates owes much to a fall in interest costs, which no one expects to continue for long.

8.   Any higher interest costs would be borne by homebuyers, Chavers said.

9.   As companies have loaded up on debt, many analysts were silent on the potential for difficulties when an operation cannot pay its interest costs.