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Bulgarian Presidency of the EU Council Looking to Make BEPS Interest Deduction Restriction Rules a Minimum Standard

|Proposed Changes|Bulgaria-European Union-OECD
Bulgaria-European Union-OECD

The Bulgarian Presidency of the EU Council has reportedly put forward a proposal during a 16 May 2018 meeting of the High Level Working Party (Taxation) to ask the OECD to make the interest deduction restriction rules developed as part of BEPS Action 4 a minimum standard, which include a percentage of EBITDA fixed ratio rule and an optional group ratio rule. Interest deduction restriction rules similar to BEPS Action 4 have been adopted by several countries, including as part of the EU Anti T…

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