IICJ Paper Regulation of Hybrid Financial Instruments Proposed by the OECD Ekaterina Pleskova, Tax Analyst, Netherlands

Nowadays, more and more companies are involved in cross-boarder transactions. One of the mechanisms to obtain tax advantages from such transactions is the usage of hybrid financial instruments. In last few years’ the market of financial instruments has grown and developed new types of hybrid financial instruments. The main feature of all these instruments can be determined as a combination of debt and equity, i.e. their remuneration is classified as both interest and dividends and, thus, is treated differently in both countries . The mismatch results in double taxation or double non-taxation. Both results are negative from a taxpayer and country perspectives. Some countries introduced rules dealing with hybrid financial instruments. However, these instruments are mostly used in cross-boarder context and regulation on international level is required.
Ekaterina Pleskova
Ekaterina Pleskova
I am Ekaterina Pleskova, 28 years old. I have a 5 years working experience in tax field. I have worked in Big4 companies in Russia. I dealt with different kinds of projects, such as tax audits, tax consulting and compliance projetcs. Recently, I graduated
Currently, I am a job seeker. But I work as a freelancer in LLC "System Audit" where I do some tax consultantions.
Netherlands More
Area of Law
Taxation More
Business Sector
General More
Month Published
December 2014 More
Vol. 8, No. 29, Autumn 2014 More
    Go back to Library Search