Guidelines for Corporate Income Taxation of Hybrid Financial Instruments

Chapter

Abstract

As has been pointed out above, hybrid financial instruments are economically and legally challenging. Moreover, within the given tax rules, there is a sharp distinction for the tax consequences of the remuneration derived from debt capital and the one derived from equity capital from a cross-border corporate tax perspective. Hence, guidelines for the assessment of the corporate taxation of hybrid financial instruments and of their classification are presented in the following. They also need to be considered in terms of an optimal design of tax rules.

Keywords

Source Country Equity Capital Financial Instrument Compliance Cost Double Taxation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.Business School Chair of International TaxationUniversity of MannheimMannheimGermany

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