Debt financing costs from the tax law perspective: legacy treatment vs. recent developments

• Autorzy: Marie Karfíková , Radek Halíček
• Języki publikacji: EN

Abstrakty

EN

The paper explores the development of tax rules governing debt financing cost and analyses factors that have led to a rapid shift away from legacy treatments based on very general and somewhat soft limitations on tax deductions of excessive debt in recent years. The new concepts of excessive financing costs, hybrid instrument mismatches, minimum effective tax, misuse of shell entities, and debt-equity bias reduction are examined on the background of legacy concepts like thin capitalisation and transfer pricing.

Słowa kluczowe

EN

debt financing costs; thin capitalisation; excessive financing costs; debt-equity bias reduction allowance

• Wydawca: Institute of State and Law, Czech Academy of Sciences
• Czasopismo: The Lawyer Quarterly
• Rocznik: 2023
• Tom: 13
• Numer: 3
• Strony: 249-261
• Rodzaj publikacji: ARTICLE

Twórcy

autor

Marie Karfíková

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autor

Radek Halíček

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