OECD/G20 Base Erosion and Profit Shifting Project Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2016 Update Inclusive Framework on BEPS - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook OECD/G20 Base Erosion and Profit Shifting Project Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2016 Update Inclusive Framework on BEPS write by OECD. This book was released on 2016-12-22. OECD/G20 Base Erosion and Profit Shifting Project Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2016 Update Inclusive Framework on BEPS available in PDF, EPUB and Kindle. The 2015 Report on BEPS Action 4 established a common approach which directly links an entity’s net interest deductions to its level of economic activity, based on taxable EBITDA. Further work on two aspects of the common approach was completed in 2016 and this is included in this update.
Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2016 Update
Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2016 Update - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2016 Update write by Organization for Economic Cooperation and Development. This book was released on 2016-12-15. Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2016 Update available in PDF, EPUB and Kindle. The 2015 Report established a common approach which directly links an entity's net interest deductions to its level of economic activity, based on taxable earnings before interest income and expense, depreciation and amortisation (EBITDA).
Interest Deductibility
Interest Deductibility - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Interest Deductibility write by Craig Elliffe. This book was released on 2017. Interest Deductibility available in PDF, EPUB and Kindle. The Organisation for Economic Co-operation and Development (OECD) released the Final Report on Limiting Base Erosion Involving Interest Deductions and other Financial Payments (better known as Action 4, it was subsequently updated in late 2016). This Report recommended that countries adopt thin capitalisation regimes to allow interest expense on debt funding based on a proportion (fixed ratio) of earnings. For example, the rule would only permit an entity to deduct net interest expense up to a benchmark of net interest as a proportion of earnings before interest, taxes, depreciation and amortisation (EBITDA). The benchmark ratio suggested only permits interest deductions of an amount of 10 to 30 per cent of EBITDA. Should New Zealand adopt the OECD's suggestion? This article evaluates the OECD's proposal against the existing New Zealand thin capitalisation regime which currently operates on the basis of the entity's balance sheet. This assets-based regime looks at the level of debt and compares this to total assets. In assessing the respective merits of the proposal against the existing regime the article uses key principles set out by the Tax Working Group when it carefully examined the New Zealand tax system in 2010. The conclusion reached is that, contrary to the strong recommendation in the OECD's Report, there is no compelling case for change to an earnings-based EBITDA method. The article goes on to suggest a mechanism to deal with particular problems identified with “high priced debt” suggesting an interest rate cap as an alternative.
OECD/G20 Base Erosion and Profit Shifting Project Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2015 Final Report
OECD/G20 Base Erosion and Profit Shifting Project Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2015 Final Report - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook OECD/G20 Base Erosion and Profit Shifting Project Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2015 Final Report write by OECD. This book was released on 2015-10-05. OECD/G20 Base Erosion and Profit Shifting Project Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 - 2015 Final Report available in PDF, EPUB and Kindle. Addressing base erosion and profit shifting (BEPS) is a key priority of governments. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. This publication is the final report for Action 4.
Limiting Base Erosion
Limiting Base Erosion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Limiting Base Erosion write by Erik Pinetz. This book was released on 2017. Limiting Base Erosion available in PDF, EPUB and Kindle.
