Worldwide interest cap: Difference between revisions
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imported>Doug Williamson (Update post-CIR implementation in UK.) |
imported>Doug Williamson (Mend link.) |
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* [[Common Consolidated Corporate Tax Base]] | * [[Common Consolidated Corporate Tax Base]] | ||
* [[Corporate Interest Restriction]] | * [[Corporate Interest Restriction]] | ||
* [[Fixed | * [[Fixed ratio method]] | ||
* [[Tax avoidance]] | * [[Tax avoidance]] | ||
* [[Tax relief]] | * [[Tax relief]] | ||
* [[Transfer pricing]] | * [[Transfer pricing]] | ||
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.
