Open Access

Interest Limitation Rule Under ATAD: Case of the Czech Republic


Cite

Blouin, J., Huizinga, H., Leaven, L. and Nicodeme, G. J. A. (2014). Thin Capitalization Rules and Multinational Firm Capital Structure. CESifo Working Paper Series 4695, CESifo Group Munich.BlouinJ.HuizingaH.LeavenL. NicodemeG. J. A. 2014 Thin Capitalization Rules and Multinational Firm Capital Structure. CESifo Working Paper Series 4695, CESifo Group MunichSearch in Google Scholar

Burnett, C. (2019). Interest Deductibility: Implementation of BEPS Action 4 and the Future of Transfer Pricing of Intragroup Finance (September 25, 2019). Bulletin for International Taxation, 73(6/7), pp. 325–331. Sydney Law School Research Paper No. 9/59. Available at SSRN: https://ssrn.com/abstract=3459350BurnettC. 2019 Interest Deductibility: Implementation of BEPS Action 4 and the Future of Transfer Pricing of Intragroup Finance (September 25, 2019)Bulletin for International Taxation73 6/7 325 331Sydney Law School Research Paper No. 9/59. Available at SSRN https://ssrn.com/abstract=3459350Search in Google Scholar

Davies, R., Martin, J., Parenti, M. and Toubal, F. (2015). Knocking on Tax Haven’s Door: Multinational Firms and Transfer Pricing. SSRN Paper No. ID2666947.DaviesR.MartinJ.ParentiM. ToubalF. 2015 Knocking on Tax Haven’s Door: Multinational Firms and Transfer PricingSSRN Paper No. ID2666947Search in Google Scholar

de Mooij, R. and Liu, L. (2021). At a Cost: The Real Effects of Thin Capitalization Rules. WP/21/23. International Monetary Fund.de Mooij R. Liu L. 2021 At a Cost: The Real Effects of Thin Capitalization Rules. WP/21/23. International Monetary Fund10.5089/9781513568553.001Search in Google Scholar

Deloitte (2017). Taxation and Investment in Poland 2017 [online]. Retrieved January 03, 2020, from https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-polandguide-2017.pdfDeloitte 2017 Taxation and Investment in Poland 2017 [online]. Retrieved January 032020 https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-polandguide-2017.pdfSearch in Google Scholar

Deloitte (2018a). International Tax Denmark Highlights 2018 [online]. Retrieved January 03, 2020, from https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-denmarkhighlights-2019.pdfDeloitte 2018a International Tax Denmark Highlights 2018 [online]. Retrieved January 032020 https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-denmarkhighlights-2019.pdfSearch in Google Scholar

Deloitte (2018b). International Tax France Highlights 2018 [online]. Retrieved January 03, 2020, from https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-francehighlights-2019.pdfDeloitte 2018b International Tax France Highlights 2018 [online]. Retrieved January 032020 https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-francehighlights-2019.pdfSearch in Google Scholar

Dukic, T. (2011). Thin Capitalization Rules in EU Member States. Uprava, IX(2), 83–99. European Commission (2015). Study on Structures of Aggressive Tax Planning and Indicators. Final Report. WP no. 61.DukicT. 2011 Thin Capitalization Rules in EU Member StatesUpravaIX 2 83 99European Commission (2015). Study on Structures of Aggressive Tax Planning and Indicators. Final Report. WP no. 61Search in Google Scholar

European Commission (2017). Aggressive tax planning indicators. Final Report. WP No. 71.European Commission 2017 Aggressive tax planning indicatorsFinal Report. WP No. 71Search in Google Scholar

European Commission (2020). Report from the Commission to the European Parliament and the Council on the implementation of Council Directive (EU) 2016/1164 of 12 July 2016 laying down rules against tax avoidance practices that directly affect the functioning of the internal market as amended by Council Directive (EU) 2017/952 of 29 May 2017 amending Directive (EU) 2016/1164 as regards hybrid mismatches with third countries. COM(2020) 383 final.European Commission 2020 Report from the Commission to the European Parliament and the Council on the implementation of Council Directive (EU) 2016/1164 of 12 July 2016 laying down rules against tax avoidance practices that directly affect the functioning of the internal market as amended by Council Directive (EU) 2017/952 of 29 May 2017 amending Directive (EU) 2016/1164 as regards hybrid mismatches with third countries. COM(2020) 383 finalSearch in Google Scholar

European Union (2016). Council Directive (EU) 2016/1164 of 12 July 2016 laying down rules against tax avoidance practices that directly affect the functioning of the internal market.European Union 2016 Council Directive (EU) 2016/1164 of 12 July 2016 laying down rules against tax avoidance practices that directly affect the functioning of the internal marketSearch in Google Scholar

Evers, L. and Spengel, C. (2014). Effective Tax Rates Under IP Tax Planning. ZEW – Centre for European Economic Research Discussion Paper No. 14–111. Available at SSRN: https://ssrn.com/abstract=2555488 or http://dx.doi.org/10.2139/ssrn.2555488.EversL. SpengelC. 2014 Effective Tax Rates Under IP Tax PlanningZEW – Centre for European Economic Research Discussion Paper No. 14–111. Available at SSRN https://ssrn.com/abstract=2555488 doi.org/10.2139/ssrn.2555488Open DOISearch in Google Scholar

Fuest, C., Spengel, C., Finke, K., Heckemeyer, J. and Nusser, H. (2013). Profit Shifting and ‘Aggressive’ Tax Planning by Multinational Firms: Issues and Options for Reform. SSRN Electronic Journal. Available at SSRN: https://ssrn.com/abstract=2343124 or http://dx.doi.org/10.2139/ssrn.2343124.FuestC.SpengelC.FinkeK.HeckemeyerJ. NusserH. 2013 Profit Shifting and ‘Aggressive’ Tax Planning by Multinational Firms: Issues and Options for ReformSSRN Electronic JournalAvailable at SSRN https://ssrn.com/abstract=2343124 doi.org/10.2139/ssrn.2343124Open DOISearch in Google Scholar

DLA Piper (2012). Global Tax News: Belgium revises its thin cap rules. Retrieved June 20, 2021, from https://www.dlapiper.com/cs/czech/insights/publications/2012/07/belgium-revises-its-thin-cap-rules/ DLA Piper 2012 Global Tax News: Belgium revises its thin cap rules. Retrieved June 202021 https://www.dlapiper.com/cs/czech/insights/publications/2012/07/belgium-revises-its-thin-cap-rules/Search in Google Scholar

Harju, J., Kauppinen, I. and Ropponen, O. (2017). Firm Responses to an Interest Barrier: Empirical Evidence. Working Papers 90, VATT Institute for Economic Research.HarjuJ.KauppinenI. RopponenO. 2017 Firm Responses to an Interest Barrier: Empirical Evidence. Working Papers 90, VATT Institute for Economic ResearchSearch in Google Scholar

International Monetary Fund (2015). IMF: developing countries’ BEPS revenue losses exceed $200 billion. Retrieved June 15, 2019, from http://uncounted.org/2015/06/01/imf-developing-countries-beps-revenue-losses-exceed-200-billion/International Monetary Fund 2015 IMF: developing countries’ BEPS revenue losses exceed $200 billion. Retrieved June 152019 http://uncounted.org/2015/06/01/imf-developing-countries-beps-revenue-losses-exceed-200-billion/Search in Google Scholar

Janský, P. and Kokeš, O. (2015). Corporate tax base erosion and profit shifting out of the Czech Republic. Post-Communist Economies, 27(4), pp. 537–546. Available at https://doi.org/10.1080/14631377.2015.1084733Janský P. Kokeš O. 2015 Corporate tax base erosion and profit shifting out of the Czech RepublicPost-Communist Economies27 4 537 546Available at https://doi.org/10.1080/14631377.2015.108473310.1080/14631377.2015.1084733Search in Google Scholar

Janský, P. and Kokeš, O. (2016). Profit-shifting from the Czech multinational companies to European tax havens. Applied Economic Letters 1–4. Available at http://dx.doi.org/10.1080/13504851.2015.1137543Janský P. Kokeš O. 2016 Profit-shifting from the Czech multinational companies to European tax havens. Applied Economic Letters 14Available at doi.org/10.1080/13504851.2015.1137543Open DOISearch in Google Scholar

Mardan, M. (2015). Why Countries Differ in Thin Capitalization Rules: The Role of Financial Development. CESIFO Working Paper No. 5295, Center for Economic Studies & Ifo Institute, ISSN 2364-1428.MardanM. 2015 Why Countries Differ in Thin Capitalization Rules: The Role of Financial DevelopmentCESIFO Working Paper No. 5295Center for Economic Studies & Ifo Institute, ISSN 2364-142810.2139/ssrn.2597983Search in Google Scholar

Murphy, R. (2019). The European Tax Gap [online]. Retrieved December 14, 2019, from https://www.socialistsanddemocrats.eu/sites/default/files/2019-01/the_european_tax_gap_en_190123.pdfMurphyR. 2019 The European Tax Gap [online]. Retrieved December 142019 https://www.socialistsanddemocrats.eu/sites/default/files/2019-01/the_european_tax_gap_en_190123.pdfSearch in Google Scholar

OECD (2016). Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 – 2016 Update: Inclusive Framework on BEPS, OECD/G20 Base Erosion and Profit Shifting Project, OECD Publishing, Paris. Available at https://doi.org/10.1787/9789264268333-enOECD 2016 Limiting Base Erosion Involving Interest Deductions and Other Financial Payments, Action 4 – 2016 Update: Inclusive Framework on BEPS, OECD/G20 Base Erosion and Profit Shifting ProjectOECD PublishingParisAvailable at https://doi.org/10.1787/9789264268333-en10.1787/9789264268333-enSearch in Google Scholar

Overesch, M. (2009). The Effects of Multinationals’ Profit Shifting Activities on Real Investment. National Tax Journal, 62(1), 5–23.OvereschM. 2009 The Effects of Multinationals’ Profit Shifting Activities on Real Investment National Tax Journal 62 1 5 2310.17310/ntj.2009.1.01Search in Google Scholar

Pekárek, A. and Pilařová, I. (2016). Nízká kapitalizace [online]. Retrieved February 12, 2019, from https://www.du.cz/33/nizka-kapitalizace-uniqueidmRRWSbk196FNf8-jVU-h4EmtBL-kb09JE-YQ1PrJRretZwRYsMFH_3w/PekárekA. PilařováI. 2016 Nízká kapitalizace [online]. Retrieved February 122019 https://www.du.cz/33/nizka-kapitalizace-uniqueidmRRWSbk196FNf8-jVU-h4EmtBL-kb09JE-YQ1PrJRretZwRYsMFH_3w/Search in Google Scholar

Pilařová, I. (2012). Daňová uznatelnost úroků z úvěrů a půjček v podmínkách roku 2012. Daně a právo v praxi, 5 (12). Retrieved February 12, 2019, from https://www.dauc.cz/doku-ment/?modul=li&cislo=40822Pilařová I. 2012 Daňová uznatelnost úroků z úvěrů a půjček v podmínkách roku 2012 Daně a právo v praxi, 5 (12). Retrieved February 122019 https://www.dauc.cz/doku-ment/?modul=li&cislo=40822Search in Google Scholar

Pivoňková, A. (2019). Daňová uznatelnost finančních nákladů v České republice. Diploma theses, Prague University of Economics and Business.Pivoňková A. 2019 Daňová uznatelnost finančních nákladů v České republice. Diploma theses, Prague University of Economics and BusinessSearch in Google Scholar

PWC(2021). Worldwide Tax Summary: Belgium. Retrieved June 20, 2021, from https://tax-summaries.pwc.com/belgium/corporate/group-taxationPWC 2021 Worldwide Tax Summary: Belgium. Retrieved June 202021 https://tax-summaries.pwc.com/belgium/corporate/group-taxationSearch in Google Scholar

Sobotková, V. (2010). Komparace vlivu aplikace pravidel nízké kapitalizace na daňové zatížení poplatníka České republiky s ohledem na legislativní vymezení spojených osob. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis. LVIII, No. 6, pp. 453–464.Sobotková V. 2010 Komparace vlivu aplikace pravidel nízké kapitalizace na daňové zatížení poplatníka České republiky s ohledem na legislativní vymezení spojených osobActa Universitatis Agriculturae et Silviculturae Mendelianae BrunensisLVIIINo. 6 453 464Search in Google Scholar

Sobotková, V. (2012). Tak trochu jinak o pravidlech nízké kapitalizace. Daně a právo v praxi, 11(12). Retrieved February 13, 2019, from https://www.dauc.cz/dokument/?modul=li&cislo=42808&rez=0&q=n%C3%ADzk%C3%A1%20 kapitalizace. Sobotková V. 2012 Tak trochu jinak o pravidlech nízké kapitalizace Daně a právo v praxi, 11(12). Retrieved February 132019 https://www.dauc.cz/dokument/?modul=li&cislo=42808&rez=0&q=n%C3%ADzk%C3%A1%20Search in Google Scholar

Tørsløv, R., Thomas, Wier, S., Ludvig and Zucman, G. (2018). The missing profits of nations. Working Paper 24701, NBER Working Paper Series. Available at http://www.nber.org/papers/w24701TørsløvR.ThomasWier, S.Ludvig and ZucmanG. 2018 The missing profits of nationsWorking Paper 24701, NBER Working Paper SeriesAvailable at http://www.nber.org/papers/w2470110.3386/w24701Search in Google Scholar

Vicard, V. (2015). Profit Shifting Through Transfer Pricing: Evidence from French Firm Level Trade Data. SSRN Paper No. 2614864. Available at https://doi.org/10.2139/ssrn.26-14864VicardV. 2015 Profit Shifting Through Transfer Pricing: Evidence from French Firm Level Trade DataSSRN Paper No. 2614864Available at https://doi.org/10.2139/ssrn.26-1486410.2139/ssrn.2614864Search in Google Scholar

eISSN:
1804-8285
Language:
English
Publication timeframe:
4 times per year
Journal Subjects:
Business and Economics, Political Economics, Macroecomics, Economic Policy, Law, European Law, other