OECD: Discussion draft on BEPS Action 4 | KPMG | GLOBAL

OECD: Discussion draft on interest deductions (BEPS Action 4)

OECD: Discussion draft on BEPS Action 4

The Organisation for Economic Cooperation and Development (OECD) today released a discussion draft under the base erosion and profit shifting (BEPS) project concerning BEPS Action 4 (interest deductions and other financial payments).


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The BEPS Action 4 discussion draft [PDF 1.4 MB]—

  • Considers best practices in the design of rules to prevent base erosion and profit shifting using interest and other financial payments economically equivalent to interest
  • Addresses base erosion and profit shifting using deductible payments such as interest that can give rise to double non-taxation in both inbound and outbound investment scenarios
  • Examines existing approaches used to address these issues and sets out different options for approaches that may be included in a best practice recommendation
  • Identifies specific questions for which responses are required in order to advance this work

Comments on the BEPS Action 4 discussion draft are due by 6 February 2015.


Read the OECD’s release.

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