The Newly Implemented Interest Deduction Limitation Rule

Journal
Author
Sigurvaldadóttir, V.T.
Country
Iceland
Published Date
Issue
European Taxation 2017 (Volume 57), No. 2/3
FormatPDF
EUR
45
| USD
50 (VAT excl.)

The author, in this note, examines the new interest deduction limitation rule in article 57(b) of the Income Tax Act, comparing it with the recommended best practice approach of the OECD in BEPS Action 4 and commenting on its shortcomings.