Debt-Equity Bias Reduction Allowance - Related links

European Commission

• COM(2022) 216 final, Proposal for a Council Directive on  laying down rules on a debt-equity bias reduction allowance and on limiting the deductibility of interest for corporate income tax purposes, 11 May 2022 (EN only)
• SWD(2022) 146 final, Commission Staff working document, Executive summary of the impact assessment report,  Proposal for a Council Directive on  laying down rules on a debt-equity bias reduction allowance and on limiting the deductibility of interest for corporate income tax purposes, 11 May 2022 (EN only)
• SWD(2022) 145 final Commission Staff working document, Impact Assessment report,  Proposal for a Council Directive on  laying down rules on a debt-equity bias reduction allowance and on limiting the deductibility of interest for corporate income tax purposes, 11 May 2022 (EN only)
• SWD(2022) 144 final, Commission staff working document, Subsidiarity Grid,  Proposal for a Council Directive on  laying down rules on a debt-equity bias reduction allowance and on limiting the deductibility of interest for corporate income tax purposes, 11 May 2022 (EN only)
• SEC(2022) 204, Regulatory Scrutiny Board Opinion,  Proposal for a Council Directive on  laying down rules on a debt-equity bias reduction allowance and on limiting the deductibility of interest for corporate income tax purposes, 18 March 2022 (EN only)
• Corporate taxation: Commission proposes tax incentive for equity to help companies grow, become stronger and more resilient, Press Release, 11 May 2022 (EN only)
• Sustainable corporate governance, Published Initiative, Inception impact assessment, 2021
• Debt-equity bias reduction allowance (DEBRA), Published Initiative, Inception Impact Assessment, July 2021 (EN only)
• Communication on Business Taxation for the 21st Century, Taxation and Customs Union (EN only)
• The debt-equity bias reduction allowance (DEBRA), Taxation and Customs Union, Taxation (EN only)
• Study on directors’ duties and sustainable corporate governance, Final Report, EY for the European Commission DG Justice and Consumers, July 2020 (EN only)
• The Debt-Equity tax bias: consequences and solutions, Serena Fatica Thomas Hemmelgarn Gaëtan Nicodème, Taxation Papers, 2012 (EN only)

European Parliament

• REPORT on the impact of national tax reforms on the EU economy, Report,  Committee on Economic and Monetary Affairs, Rapporteur: Markus Ferbe, December 2021 (EN only)
• Legislative proposal on sustainable corporate governance, Legislative Train Schedule, September 2020 (EN only)

Think tanks and other organisations:

• Debt-equity bias should be addressed on national rather than on the EU level, Paper,  Spengel, Christoph et al., ECONSTORE, 2021 (EN only)
• European Commission proposes a Directive providing for a debt-equity bias reduction allowance, Article, KPMG, May 2022 (EN only)
• European Commission proposes Directive to tackle debt-equity bias in taxation, Article,  EY, May 2022 (EN only)
• EU Business Taxation for the 21st Century: BEFIT and DEBRA – unpacking the acronyms, Philipp Redeker (freshfields.com), Article, Philipp Redeker, Fresh Fields, September 2021(EN only)
• Corporate Income Taxes under Pressure, Report, IMF, February 2021 02.2021 (EN only)
• Commission publishes study on directors' duties and sustainable corporate governance, Article, eureporter, August 2020 (EN only)
• The European Commission’s Sustainable Corporate Governance Report: A Critique , Working Paper 21-056, 2020, Harvard Business School (EN only)
• Where tax meets corporate governance , Article, May 2019, ACCA  (EN only)
• The impact of corporate governance on corporate tax avoidance, paper, Journal of International Accounting, Auditing and Taxation, September 2019 (EN only)
• The relationship between corporate governance and tax avoidance - evidence from Germany using a regression discontinuity design , Discussion Paper No. 218,  May 2017 (EN only)
• The effects of tax reforms to address the debt-equity bias on the cost of capital and on effective tax rates, WORKING PAPER N. 65,  2016 (EN only)
• The corporate debt bias and the cost of banking crises, article, July 2015, Sven Langedijk, Gaëtan Nicodème, Andrea Pagano, Alessandro Rossi (EN only)
• Best practice in corporate tax governance – from the finance team to the Board, article, October 2015, Deloitte) (EN only)
• Effects of Strategic Tax Behaviors on Corporate Governance, paper, International Journal of Finance and Accounting, 2013 (EN only)
• Tax Biases to Debt Finance: Assessing the Problem, Finding Solutions , Report, May 2011, IMF (EN only)