Corporate Interest Restriction

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.

See also

• Base erosion and profit shifting
• De minimis
• Debt cap
• Fixed ratio method
• Tax avoidance
• Tax relief
• Worldwide interest cap