Australian thin cap reforms likely to have detrimental impact on highly leveraged multinationals
The Australian exposure draft legislation, released on May 8 2014, aims to target base erosion and profit shifting and limit multinationals’ ability to pay deductible returns to shareholders. The reforms have generated concern because reductions in debt to equity ratios would prove damaging to multinationals.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
