Hybrid financial instruments, double non-taxation and linking rules

목차 (Table of Contents)

• CONTENTS
• Foreword = xii
• List of Abbreviations = xvii
• Acknowledgements = xix
• Introduction = 1
• I. Hybrid Financial Instrumems, Double Non-taxation and Linking Rules = 1
• II. Object and Scope = 4
• III. Structure and Specific Overview of the Research = 5
• A. Hybrid Financial Instruments : The Cause = 5
• B. Double Non-taxation : An Effect - A Problem? = 6
• C. Linking Rules : The Solution? = 7
• IV. In a Nutshell, What Is This Book About? = 8
• CHAPTER 1 Hybrid Financial Instrumoms: From Corporate Logic to Tax Consequence - Cause = 9
• §1.01 Corporate Financing Rationale: From Economics to Corporate and Financial Accounting Law = 9
• A. Debt or Equity : Financial Instruments = 9
• B. Debt and Equity : Hybrid Financial Instruments = 25
• §1.02 Hybrid Financial Instruments in the Tax Field and Consequences Across Borders = 39
• A. The Debt and Equity Distinction: Relevance = 39
• B. Taxing Hybrid Financial Instruments in Cross-Border Situations and its Potential Consequences : Double Non-taxation = 60
• CHAPTER 2 Double Non-taxation and the Allocation of Ilybrid Financial Instrument in the International Tax Debate : A Problem? = 71
• §2.01 Double Non-taxation and I lybrid Financial Instruments = 71
• A. Double Non-taxation : A Question of Sovereignty = 72
• §2.02 Double Non-taxation : A Desired Enemy? = 89
• A. Tax Competition Through Non-taxation and Double Non-taxation : What about Hybrids? = 89
• B. Tax Planning, Tax Avoidance and Aggressive Tax Planning = 97
• §2.03 Tackling Outcomes : Hybrid Mismatches, Double Non-taxation and Linking Rules : The OECD Hybrid Mismatch Report = 120
• A. Hybrid Mismatch Report : Framework in Tackling Hybrid Mismatches = 123
• B. Hybrid Mismatch Arrangements and Double Non-taxation : The Source of Concern and the Real Concern = 124
• C. Other (Less Relevant) Sources of Concern Considered in the Hybrid Mismatch Report = 127
• D. OECD Policy Options to Overcome Double Non-taxation in the Context of Hybrid Mismatches : Linking Rules = 129
• §2.04 Some Further Comments on the Hybrid Mismatch Report as a Conclusion on Double Non-taxation Stemming from hybrid Financial Instruments : A Problem? = 134
• CHAPTER 3 Linking Rules under the OECD Approach : Technical Analysis and Legal (in)compatibility with the Current Legal Scenario - Solution? = 137
• §3.01 BEPS Project Action 2 : Neutralising the Effects of Hybrid Mismatch Arrangements = 137
• A. The Meaning of "Neutralising the Effects of Hybrid Mismatch Arrangements" = 140
• B. Linking Rules and Financial Instruments : Recommendations to Domestic Law = 148
• §3.02 BEPS Project Action 2 : The (in)compatibility of Recommendations with DTCs = 184
• A. Discrimination: Denial of Deductibility in the Light of Article 24(4) OECD MC = 185
• B. Treaty Override and the Effects of the Multilateral Convention = 197
• §3.03 Interim Conclusions = 214
• CHAPTER 4 Linking Rules under the EU Approach : Technical Analysis and Legal Assessment from an EU Law Perspective - Solution? = 217
• §401 REPS, Hybrid Mismatches and the EU Response : An Additional Introduction = 217
• §4.02 Parent Subsidiary-Directive : 2014 Amendment = 224
• A. The Amendment = 224
• B. The Denial of Exemption and the Additional Obligation to Tax = 225
• C. Further Remarks on the 2014 Amendment to the PSD = 229
• §4.03 The Anti-Tax Avoidance Directive(s) : Further EU Steps on Tackling Hybrid Mismatches = 232
• A. The EU Transposition of REPS Project Action 2 : EU Linking Rules = 236
• B. PSD／ATAD Interaction : Reinforcing Residence Taxation? = 256
• §4.04 Linking Rules under EU Law Assessment = 262
• A. Hybrid Financing Within the EU : A Twist on Direct Taxation = 262
• B. A Word on Treaty Override Within the European Union = 322
• §4.05 Interim Conclusions = 324
• Conclusions = 327
• Bibliography = 331
• Index = 353