Corporate Interest Restriction: Difference between revisions
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imported>Doug Williamson (Create page. Source: HMRC guidance https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/684353/CIR_Guidance.pdf) |
imported>Doug Williamson (Mend link.) |
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* [[Base erosion and profit shifting]] | * [[Base erosion and profit shifting]] | ||
* [[Debt cap]] | * [[Debt cap]] | ||
* [[Fixed | * [[Fixed ratio method]] | ||
* [[Tax avoidance]] | * [[Tax avoidance]] | ||
* [[Tax relief]] | * [[Tax relief]] | ||
* [[Worldwide interest cap]] | * [[Worldwide interest cap]] | ||
Revision as of 06:54, 2 May 2018
UK Corporation Tax - anti-avoidance.
(CIR).
The UK's Corporate Interest Restriction limits UK Corporation Tax relief for interest and amounts economically equivalent to interest.
CIR is effective from April 2017.
It implements the related recommendations of the OECD's Base erosion and profit shifting (BEPS) initiative.
