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The Resource Hybrid financial instruments, double non-taxation and linking rules

Hybrid financial instruments, double non-taxation and linking rules

Contributor
Summary
Hybrid financial instruments (HFIs) are widespread ordinary financial instruments that combine debt and equity features in their terms and design and may lead to double non-taxation across borders. This book provides a deeply informed and critical analysis and guide to the "linking rules" developed to combat double non-taxation stemming from HFIs within the framework of the Base Erosion and Profit Shifting (BEPS) project of the Organisation for Economic Co-operation and Development (OECD) and the anti-avoidance initiatives of the European Union (EU). These complex rules have now become essential in international taxation. The book deals with crucial theoretical and practical issues as the following: Economic and legal reasons for financing business activity through debt instruments, equity instruments and/or HFIs; Qualification of financial instruments from different perspectives such as economics, corporate finance, corporate law, financial accounting law, regulatory law and tax law and their interrelation; The concept of double non-taxation as a mere outcome of parallel exercises of sovereignty by different states and the role it plays within the international debate; The concepts of tax planning, tax avoidance and the misleading concept of aggressive tax planning within a tax competition international scenario and their relation with HFIs; Comprehensive policy, legal and technical detail and explanation of the linking rules proposed by the OECD (i.e., BEPS Project Action 2) and the EU (e.g., Anti-Tax Avoidance Directive); The (in)compatibility of linking rules with existing tax treaty rules and EU primary law. The author refers throughout to relevant model convention provisions, EU case law and a vast number of references of official documentation and literature. With its detailed attention to the concept and legal nature of HFIs and double non-taxation, the critical and comprehensive analysis of the linking rules developed by the OECD and the EU, this book allows to reconsider the legality of these linking rules
Language
eng
Work
Instance
Label
Hybrid financial instruments, double non-taxation and linking rules
Title
Hybrid financial instruments, double non-taxation and linking rules
Contributor
Subject
Language
eng
Summary
Hybrid financial instruments (HFIs) are widespread ordinary financial instruments that combine debt and equity features in their terms and design and may lead to double non-taxation across borders. This book provides a deeply informed and critical analysis and guide to the "linking rules" developed to combat double non-taxation stemming from HFIs within the framework of the Base Erosion and Profit Shifting (BEPS) project of the Organisation for Economic Co-operation and Development (OECD) and the anti-avoidance initiatives of the European Union (EU). These complex rules have now become essential in international taxation. The book deals with crucial theoretical and practical issues as the following: Economic and legal reasons for financing business activity through debt instruments, equity instruments and/or HFIs; Qualification of financial instruments from different perspectives such as economics, corporate finance, corporate law, financial accounting law, regulatory law and tax law and their interrelation; The concept of double non-taxation as a mere outcome of parallel exercises of sovereignty by different states and the role it plays within the international debate; The concepts of tax planning, tax avoidance and the misleading concept of aggressive tax planning within a tax competition international scenario and their relation with HFIs; Comprehensive policy, legal and technical detail and explanation of the linking rules proposed by the OECD (i.e., BEPS Project Action 2) and the EU (e.g., Anti-Tax Avoidance Directive); The (in)compatibility of linking rules with existing tax treaty rules and EU primary law. The author refers throughout to relevant model convention provisions, EU case law and a vast number of references of official documentation and literature. With its detailed attention to the concept and legal nature of HFIs and double non-taxation, the critical and comprehensive analysis of the linking rules developed by the OECD and the EU, this book allows to reconsider the legality of these linking rules
Geographic coverage
  • International
  • European Union
Index
no index present
Language note
English
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
Martínez Laguna, F.D
Series statement
Series on international taxation
Series volume
73
http://library.link/vocab/subjectName
  • hybrid financial instrument
  • double non-taxation
  • linking rules
  • bond
  • equity capital
  • BEPS
  • tax planning
  • aggressive tax planning
  • tax avoidance
  • ECJ case law
Label
Hybrid financial instruments, double non-taxation and linking rules
Instantiates
Publication
Extent
xx, 357 p.
Isbn
9789403510859
Isbn Type
(web-pdf)
Label
Hybrid financial instruments, double non-taxation and linking rules
Publication
Extent
xx, 357 p.
Isbn
9789403510859
Isbn Type
(web-pdf)

Subject

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932

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