2022-05-12-KPMG_s_EU_Tax_Centre-Euro_Tax_Flash_from_KPMG_s_EU_Tax_Centre_6页_456kb

European Commission's DEBRA Directive proposal aims to reduce the debt-equity tax bias by introducing new tax rules. Key elements include a debt-equity bias reduction allowance calculated based on equity increases and a limitation on interest deductibility. The directive provides anti-abuse measures and applies from January 1, 2024, with specific implementation deadlines. It seeks to create a level playing field for debt and equity financing, encouraging more balanced corporate funding structures. The proposal may impact member states' budgets and tax systems, and further political debate and consultations are expected.