![Default user image.](/themes/custom/lu_theme/images/default_images/usericon.png)
Alexander Tale
Doktorand
![Default user image.](/themes/custom/lu_theme/images/default_images/usericon.png)
New Targeted Interest Deduction Limitation Rules Post Lexel
Författare
Summary, in English
Both the European Union (EU) Directive implementing the OECD’s Pillar Two and the proposal for a debt-equity bias reduction allowance (DEBRA) feature rules that target and limit interest deduction as the need for these still exists. However, in case C-484/19 Lexel from 2021, the Court of Justice of the European Union (CJEU) struck down the Swedish targeted interest deduction legislation of 2013 applying to loans between associated companies. The Court considered the legislation to constitute an unjustifiable restriction of the freedom of establishment. It essentially stated that only wholly artificial arrangements could be the object of the targeted interest deduction rules while, at the same time, concluding that transactions carried out at arm’s length cannot be considered artificial or fictitious arrangements. After Lexel, the question is whether targeted interest deduction rules that are drafted with the objective of combating tax base erosion have any future, or must Member States only rely on the application of anti-abuse rules or targeted interest deduction rules mandated by secondary EU law?
Avdelning/ar
- Lunds skatteakademi
- Institutionen för handelsrätt
Publiceringsår
2023-03
Språk
Engelska
Sidor
335-348
Publikation/Tidskrift/Serie
Intertax
Volym
51
Issue
4
Länkar
Dokumenttyp
Artikel i tidskrift
Förlag
Kluwer Law International
Ämne
- Law (excluding Law and Society)
Nyckelord
- Tax law
- EU-law
- Taxation
- Skatterätt
- EU-rätt
- Beskattning
Aktiv
Published
Projekt
- The right to implement independent corporate taxation: group taxation, interest deductions, BEFIT, the global minimum tax, and the legal status of OECD documents
Forskningsgrupp
- Lund Tax Academy
ISBN/ISSN/Övrigt
- ISSN: 1875-8347