OECD releases discussion draft on approaches to address BEPS involving interest in the banking and insurance sectors

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28/07/2016 – Interested parties are invited to provide comments on a discussion draft which deals with approaches to address BEPS involving interest in the banking and insurance sectors under Action 4 (Interest deductions and other financial payments) of the BEPS Action Plan.

Comments should be submitted by 8 September 2016 at the latest (no extension will be granted) by email to interestdeductions@oecd.org  in Word format. They should be addressed to the International Co-operation and Tax Administration Division, OECD/CTPA.

Please note that all comments received regarding this discussion draft will be made publicly available. Comments submitted in the name of a collective “grouping” or “coalition”, or by any person submitting comments on behalf of another person or group of persons, should identify all enterprises or individuals who are members of that collective grouping or coalition, or the person(s) on whose behalf the commentator(s) are acting.

OECD Press Release here

 

 

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