| Vorliegende Sprache |
eng |
| Hinweise auf parallele Ausgaben |
377189677 Buchausg. u.d.T.: ‡Bärsch, Sven-Eric, 1982 - : Taxation of hybrid financial instruments and the remuneration derived therefrom in an international and cross-border context |
| ISBN |
978-3-642-32456-7 |
| Name |
Bärsch, Sven-Eric |
| T I T E L |
Taxation of Hybrid Financial Instruments and the Remuneration Derived Therefrom in an International and Cross-border Context |
| Zusatz zum Titel |
Issues and Options for Reform |
| Verlagsort |
Berlin ; Heidelberg |
| Verlag |
Springer |
| Erscheinungsjahr |
2012 |
| 2012 |
| Umfang |
Online-Ressource (XXII, 388 p. 4 illus, digital) |
| Reihe |
SpringerLink. Bücher |
| Notiz / Fußnoten |
Description based upon print version of record |
| Weiterer Inhalt |
Taxation of Hybrid Financial Instruments and the Remuneration Derived Therefrom in an International and Cross-border Context; Issues and Options for Reform; Foreword; Preface; Contents; List of Abbreviations; List of Figures; List of Tables; 1: Introduction; 1.1 Motivation; 1.2 Objective; 1.3 Structure; 2: Background of Financial Instruments; 2.1 Terminology of Hybrid Financial Instruments; 2.2 Fundamentals of Financial Instruments; 2.2.1 Finance Theory and Practice; 2.2.1.1 Financial Markets´ Perspective; 2.2.1.2 Corporations´ Perspective. 2.2.2 Financial Accounting and Banking Regulatory Law2.2.3 Interim Conclusions; 2.3 Fundamentals of Corporate Taxation; 2.3.1 Corporate Income Taxation; 2.3.1.1 Functions of Corporate Taxation; 2.3.1.2 Tax Treatment of Dividends and Interest Payments; Relationship Between Financial and Tax Accounting; Dividends; Interest Payments; 2.3.2 International Corporate Taxation; 2.3.2.1 Residence- and Source-Based Taxation; 2.3.2.2 Tax Treatment of Dividends and Interest Payments in an International Context; Dividends; Interest Payments; 2.3.3 Interim Conclusions. 3: Guidelines for Corporate Income Taxation of Hybrid Financial Instruments3.1 Guiding Tax Principles; 3.1.1 Efficiency and Neutrality; 3.1.2 Inter-taxpayer Equity; 3.1.3 Inter-nation Equity; 3.1.4 EU Law; 3.1.5 Administration and Compliance Costs; 3.1.6 Interim Conclusions: Single Taxation and Simplicity; 3.2 Characteristic-Based Classification Framework; 3.2.1 No Elimination of the Debt/Equity Distinction; 3.2.2 Determination of Distinctive Characteristics; 3.2.3 Ideal-Typical Characteristics of Debt and Equity Capital; 3.2.4 Interim Conclusions. 4: Tax Classifications and Treatments of Hybrid Financial Instruments and the Remuneration Derived Therefrom4.1 General Remarks; 4.1.1 Company Law and Financial Accounting and Their Relation to Tax Classifications; 4.1.2 Tax Classification in a Cross-Border Context; 4.1.3 Characteristic Approach of Tax Classifications; 4.2 International and Cross-Country Comparison of Selected EU/OECD Member States; 4.2.1 Common Remarks; 4.2.1.1 Income Tax Treaties; Introduction. Tax Consequences of the Remuneration Derived from Financial Instruments Classified as Interest-Generating Debt or Dividend-Generating EquityTax Classification of Hybrid Financial Instruments and the Remuneration Derived Therefrom; Interpretation of Income Tax Treaties; Equity Test; Debt Test; Interim Conclusions; 4.2.1.2 EU Directives and Other EU Initiatives; EU Parent-Subsidiary Directive and EU Interest and Royalties Directive; Introduction. Scope of Application and Tax Consequences of the Remuneration Derived from Financial Instruments Classified as Interest-Generating Debt or Dividend-GeneratingEquity |
| Titelhinweis |
Buchausg. u.d.T.: ‡Bärsch, Sven-Eric, 1982 - : Taxation of hybrid financial instruments and the remuneration derived therefrom in an international and cross-border context |
| ISBN |
ISBN 978-3-642-32457-4 |
| ISBN 1-283-93513-9 ebk |
| ISBN 978-1-283-93513-5 MyiLibrary |
| Klassifikation |
KFFD1 |
| BUS064000 |
| 658.153 |
| 336.2 |
| HF5681.T3 |
| 1399076841 PP 8106 |
| QL 611 |
| Kurzbeschreibung |
Introduction -- Background of Financial Instruments -- Guidelines for Corporate Income Taxation of Hybrid Financial Instruments -- Tax Classifications and Treatments of Hybrid Financial Instruments and the Remuneration Derived Therefrom -- Classification Conflicts and Options for Reform -- Conclusions |
| 2. Kurzbeschreibung |
Despite the enormous diversity and complexity of financial instruments, the current taxation of hybrid financial instruments and the remuneration derived therefrom are characterized by a neat division into dividend-generating equity and interest-generating debt as well as by a coexistence of source- and residence-based taxation. This book provides a comparative analysis of the classification of hybrid financial instruments in the national tax rules currently applied by Australia, Germany, Italy and the Netherlands as well as in the relevant tax treaties and EU Directives. Moreover, based on selected hybrid financial instruments, mismatches in these tax classifications, which lead to tax planning opportunities and risks and thus are in conflict with the single tax principle, are identified. To address these issues, the author provides reform options that are in line with the dichotomous debt-equity framework, as he/she suggests the coordination of either tax classifications or tax treatments |
| 1. Schlagwortkette |
Hybride Finanzierung |
| Internationales Steuerrecht |
| Doppelbesteuerung |
| SWB-Titel-Idn |
377583618 |
| Signatur |
Springer E-Book |
| Bemerkungen |
Elektronischer Volltext - Campuslizenz |
| Elektronische Adresse |
$uhttp://dx.doi.org/10.1007/978-3-642-32457-4 |
| Internetseite / Link |
Volltext |
| Siehe auch |
Inhaltsverzeichnis |
| Siehe auch |
Inhaltstext |
| Siehe auch |
Volltext |
| Siehe auch |
Cover |
