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The ITPF News Blog is managed by the students at the University of Florida Levin College of Law International Tax LLM Program.

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Updated BEPS Report on Interest Suggests Exempting the Financial Sector

Citing the effect of capital requirements and the need to preserve stability in the financial system, the OECD's updated base erosion and profit-shifting report on interest says it may be appropriate to exempt the banking and insurance industries from the interest expense limitations recommended by the original report.

To read the full Tax Notes article, go here. (subscription required)

By Finley, Ryan, posted on Friday December 23, 2016
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