Search results with tag "Thin capitalization"
Curacao Highlights 2020 - Deloitte
www2.deloitte.comInterest deduction limitations – Thin capitalization rules apply to loans from a Curaçao investment institution within the group, and to loans from foreign group entities that are not subject to a tax levied on their profits in any form. Controlled foreign companies – There are no controlled foreign company rules.
Saudi Arabia Highlights 2020 - Deloitte
www2.deloitte.com– Saudi Arabia does not have specific thin capitalization rules, but there is a rule limiting the deductibility of interest expense to the lesser of (i) the actual interest expense, or (ii) interest income, plus 50% of taxable income (excluding interest income and interest expense ).
Philippines Tax Profile - assets.kpmg
assets.kpmgguidelines which identify thin capitalization and earning stripping as among the tax avoidance schemes between related companies. Interest Deductibility Restrictions . The ‘tax arbitrage rule’ reduces the allowable deduction for interest expenses by 33% of the interest income subjected to final tax. Amalgamations of Companies
Tax Alert Highlights of 2018 Budget - EY
www.ey.comTax alert Highlights of Budget 2018 (Part I) 29 October 2017 2 Highlights • Thin capitalization to be replaced with “earnings stripping rules”, which will limit ...