Gold standard and Worldwide interest cap: Difference between pages

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imported>Doug Williamson
(Add second definition. Source: https://dictionary.cambridge.org/dictionary/english/gold-standard)
 
imported>Doug Williamson
(Mend link.)
 
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1.
''Tax - anti-avoidance''.


A monetary agreement under which national currencies were backed by gold, and gold was used for international payments.
A proposal under the OECD's Base erosion and profit shifting (BEPS) initiative.


Most countries abandoned the gold standard for their currencies during the 20th century.
The worldwide interest cap is a mechanism to limit tax relief for interest and amounts economically equivalent to interest.


The UK implemented a restriction accordingly with effect from April 2017, under its Corporate Interest Restriction.


2.


An example of something that is very good that is used for measuring how good other similar things are.
==See also==
 
* [[Base erosion and profit shifting]]
 
* [[CbC reporting]]
== See also ==
* [[Common Consolidated Corporate Tax Base]]
* [[Bretton Woods]]
* [[Corporate Interest Restriction]]
* [[Fiat currency]]
* [[Fixed ratio method]]
* [[Foreign exchange]]
* [[Tax avoidance]]
* [[Money]]
* [[Tax relief]]
* [[Pound]]
* [[Transfer pricing]]
 
 
===Other links===
[http://www.pieria.co.uk/articles/currency_wars_and_the_fall_of_empires  Currency wars and the fall of empires] www.pieria.co.uk
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Financial_products_and_markets]]

Revision as of 06:41, 2 May 2018

Tax - anti-avoidance.

A proposal under the OECD's Base erosion and profit shifting (BEPS) initiative.

The worldwide interest cap is a mechanism to limit tax relief for interest and amounts economically equivalent to interest.

The UK implemented a restriction accordingly with effect from April 2017, under its Corporate Interest Restriction.


See also