Worldwide interest cap: Difference between revisions
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imported>Doug Williamson (Update for Corporate Interest Restriction.) |
imported>Doug Williamson (Update post-CIR implementation in UK.) |
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''Tax - anti-avoidance''. | ''Tax - anti-avoidance''. | ||
A proposal under the OECD's | A proposal under the OECD's Base erosion and profit shifting (BEPS) initiative. | ||
The worldwide interest cap is a mechanism to limit | The worldwide interest cap is a mechanism to limit tax relief for interest and amounts economically equivalent to interest. | ||
The UK implemented a restriction with effect from April 2017, under its Corporate Interest Restriction | The UK implemented a restriction accordingly with effect from April 2017, under its Corporate Interest Restriction. | ||
Revision as of 06:40, 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.
