Worldwide interest cap: Difference between revisions
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''Tax - anti-avoidance''. | ''Tax - anti-avoidance''. | ||
A | A recommendation of the OECD's Base erosion and profit shifting (BEPS) initiative. | ||
A worldwide interest cap limits corporate 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. | The UK implemented a restriction accordingly with effect from April 2017, under its Corporate Interest Restriction. | ||
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==See also== | ==See also== | ||
* [[Base erosion and profit shifting]] | * [[Base erosion and profit shifting]] | ||
* [[Business in Europe: Framework for Income Taxation]] | |||
* [[CbC reporting]] | * [[CbC reporting]] | ||
* [[Corporate Interest Restriction]] | * [[Corporate Interest Restriction]] | ||
* [[Fixed ratio method]] | * [[Fixed ratio method]] | ||
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* [[Tax relief]] | * [[Tax relief]] | ||
* [[Transfer pricing]] | * [[Transfer pricing]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 16:05, 21 February 2022
Tax - anti-avoidance.
A recommendation of the OECD's Base erosion and profit shifting (BEPS) initiative.
A worldwide interest cap limits corporate 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.
