UK: Proposed corporate interest restriction rules | KPMG | GLOBAL

UK: Proposed corporate interest restriction rules (updates and analyses)

UK: Proposed corporate interest restriction rules

Corporate interest restriction measures are included in the Finance Bill 2017, published on 8 September 2017. The proposed corporate interest restriction rules were removed from Finance Bill 2017, but were reintroduced in the legislation published today.

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The KPMG member firm in the UK has prepared a series of articles reflecting possible implications of the proposed corporate interest restriction rules.

 

  • Read a September 2017 report on the treatment under the CIR rules of amounts recognised in respect of intangible fixed assets

 

 

 

 

  • Read an August 2017 report on the treatment of leases.


  • Read a July 2017 report that describes the treatment of amounts carried forward under the corporate interest restriction proposals.
  • Read a July 2017 report that looks at how quarterly instalment payments of corporation tax may be affected by the new corporate interest restriction rules. 

  • Read a July 2017 report that examines how the corporate interest
    restriction regime would interact with new rules on loss relief.

  • Read a July 2017 report about how the corporate interest restriction regime would apply to derivative contracts.

  • Read a June 2017 report about the interaction of the corporate interest restriction rules with M&A transaction considerations.

  • Read a June 2017 report about the implications for mergers and acquisitions (M&A) transactions when companies or entire groups or sub-groups are purchased or sold.

  • Read a June 2017 report about administrative requirements under the proposed corporate interest restriction regime.

  • Read a June 2017 report about some other administrative requirements.

  • Read a June 2017 report about matters linked to the role of the worldwide group in the corporate interest restriction calculations.

  • Read a May 2017 report about how to identify the ultimate parent and the worldwide group.

  • Read a May 2017 report about the commencement and transitional provisions of the new corporate interest restriction regime.

  • Read a May 2017 report about the “public benefit infrastructure exemption” for certain non-related party debt.

  • Read a May 2017 report about the related-parties aspects of the group ratio method provisions.

  • Read an April 2017 report about two elections which adjust the group ratio method calculation.

  • Read an April 2017 report about the debt cap when applying the fixed ratio method.

  • Read an April 2017 report providing an overview about the regime and the regulations.

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