Podcast episode 39: Thin capitalisation changes

KPMG’s international tax specialists discuss draft legislation which proposes changes to thin capitalisation, including two significant and previously announced limitations on interest deductions.

Draft legislation for proposed thin capitalisation changes has been released for consultation, including two further significant and previously announced limitations on interest deductions. Applying to income years commencing on or after 1 July 2023 without any grandfathering of pre-existing arrangements there is very little time for affected groups to consider how the proposals affect their existing and planned funding arrangements. Since the exposure draft includes two additional interest...

Sign in below or register now to read the full article

Authors: Peter Oliver, Denis Larkin,

Published Date: 30 March 2023