Invest Europe-PAE

Response to European Commission consultation on Debt Equity Bias Reduction Allowance (DEBRA)

Positions & consultation responses

07 Oct 2021

In this response, we stress that differences between tax deductions of costs related to debt vs. equity should be dealt with in a way that allows for more deductions – not fewer. Furthermore, we make it clear that companies use debt for a variety of commercial reasons, and in no way solely because of tax deductions.