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Restrictions on Tax Deductions for Acquisition Financing
Sara Luder of Slaughter and May, Sébastien de Monès of Bredin Prat and Paul Sleurink of De Brauw Blackstone Westbroek look at recent developments in the way that France and the Netherlands are seeking to restrict tax deductions for acquisition debt. The general principle in the UK, by way of contrast, is that acquisition debt is deductible for tax purposes, even if it funds the acquisition of assets that are unlikely ever to generate any UK taxable profits.
A version of this briefing will appear in Corporate Financier Magazine.
Contacts
Sara Luder (partner)
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