News & Events

Ecb’s View on the Proposed Spanish Tax Is Largely Influenced by Banks’ Stability

Senior ECB central bankers stated that the institution may render a non-binding view on the planned levy on Spanish banks in the days or weeks to come after determining how it will affect the sector’s viability. In order to raise 3 billion euros ($2.93 billion) by 2024, a transitory bank fee was proposed in parliament byContinue reading “Ecb’s View on the Proposed Spanish Tax Is Largely Influenced by Banks’ Stability”

Proposed Limitations on Excessive Interest and Financing Expenses in Canada

The deductibility of interest payments and other financing costs is limited by the EIFEL Rules (IFE). It is expected that the EIFEL Rules will start to apply for tax years that begin in 2023, as roughly detailed below, even if technical modifications are foreseen. International organizations having Canadian members are urged to think about theContinue reading “Proposed Limitations on Excessive Interest and Financing Expenses in Canada”

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