Worldwide interest cap

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.

See also

• Base erosion and profit shifting
• Business in Europe: Framework for Income Taxation
• CbC reporting
• Corporate Interest Restriction
• Fixed ratio method
• Tax avoidance
• Tax relief
• Transfer pricing