Activities of Bernard MONOT related to 2016/0011(CNS)
Plenary speeches (2)
Rules against certain tax avoidance practices (A8-0189/2016 - Hugues Bayet) FR
Rules against certain tax avoidance practices (debate) FR
Amendments (1)
Amendment 123 #
Proposal for a directive
Article 4 – paragraph 2
Article 4 – paragraph 2
2. Exceeding borrowing costs shall be deductible in the tax year in which they are incurred only up to 3015 percent of the taxpayer's earnings before interest, tax, depreciation and amortisation (EBITDA) or up to an amount of EUR 1 000 000, whichever is higher. The EBITDA shall be calculated by adding back to taxable income the tax-adjusted amounts for net interest expenses and other costs equivalent to interest as well as the tax-adjusted amounts for depreciation and amortisation.