Tax Talk episode 3 - Debt-equity bias reduction allowance (DEBRA)
A few months ago, the European Commission published the first draft of the ‘debt-equity bias reduction allowance’ directive (DEBRA), which is designed to encourage greater equity funding and discourage excessive debt funding. In our latest Tax Talk, our Global Tax team discuss the impact the directive could have on businesses, key considerations and the potential impact of DEBRA from a European perspective.