You can generally deduct as a business expense all interest you pay or accrue during the tax year on debts related to your trade or business. Interest relates to your trade or business if you use the proceeds of the loan for a trade or business expense.
Hardy Cognac. It was in 1863 that Anthony Hardy, a London gentleman, settled in Cognac and established himself in the business of high-quality wines and spirits. Five generations later, Hardy Cognac is known for its character and for the skills of its cellar masters, custodians of a heritage handed down forever.
Cognac is French brandy which is made from special grapes that are grown in a specified region. The name cognac comes from the town of Cognac in France and it is produced in the wine growing region which surrounds the town from where it gets the name, in the French Departements of Charente and Charente-Maritime.