Hybrid Mismatches, CFC Rules and Interest Deduction Rules as stated in the OECD and EU standards and their Reflection in theCzech and Slovak Law – a Comparative Stud

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F19%3APU131235" target="_blank" >RIV/00216305:26510/19:PU131235 - isvavai.cz</a>

Result on the web

<a href="http://ocs.ef.jcu.cz/index.php/inproforum/INP2018/paper/viewFile/1083/658" target="_blank" >http://ocs.ef.jcu.cz/index.php/inproforum/INP2018/paper/viewFile/1083/658</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Hybrid Mismatches, CFC Rules and Interest Deduction Rules as stated in the OECD and EU standards and their Reflection in theCzech and Slovak Law – a Comparative Stud

Original language description

The aim of this paper is to compare the way the rules for Hybrid mismatches, CFCs and the Interest Deduction rules are/will be reflected in the Slovak law and the way the rules should be reflected in the Czech law. Following aim is to compare these rules as stated in the OECD Action Plan on Base Erosion and Profit Shifting, specifically Actions 2, 3 and 4, and in ATAD Directive. The paper is based on a qualitative research, specifically on a multiple case study. The subject of the research was the above-mentioned OECD and EU standards, texts of legal regulations, document of the Chamber and technical texts dealing with implementation these standards in the national legislations. On the basis of research made, one can conclude that the BEPS and the ATAD Directive lay down very similar rules in relation to the categories in question. According to the document of the Chamber the Czech Republic intends to define CFC revenues exhaustively, while the Slovak Republic defines them in a general manner. None of these States will impose any exemptions in relation to the CFC. Compared to the Czech Republic, the Slovak Republic has already established and introduced rules on Hybrid mismatches. As for the interest deduction rules, the Czech Republic intends to adopt the upper limit for the deductibility of interest and the de minimis threshold exemption with a lower threshold than it is stipulated in the ATAD Directive. The Slovak Republic, however, will take advantage of the Article 11 and retains the current rules on the limitation of the deduction of interest, the so-called low capitalization rules.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50501 - Law

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 12th International Scientific Conference INPROFORUM „Innovations, Enterprises, Regions and Management“

ISBN

978-80-7394-726-2

ISSN

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e-ISSN

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Number of pages

452

Pages from-to

54-60

Publisher name

University of South Bohemia in České Budějovice, Faculty of Economics

Place of publication

České Budějovice

Event location

České Budějovice

Event date

Nov 1, 2018

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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