OECD discussion draft on BEPS/’thin cap’ measures for interest in the banking and insurance sectors (carved out of ‘fixed ratio’ of its tax-EBITA general recommendation)
28/07/2016 – Interested parties are invited to provide comments on a discussion draft which deals with approaches to address BEPS involving interest in the banking and insurance sectors under Action 4 (Interest deductions and other financial payments) of the BEPS Action Plan. In October 2015, the BEPS Action 4 Report Limiting Base Erosion Involving Interest Deductions and Other…