Jan. 12, 2023, 5:29 PM
EU countries have decided to put on hold discussions about a plan to equalize the tax treatment of debt and equity amid concerns raised by several members.
Under the plan, proposed by the European Commission in May 2022, the costs of raising money via equity would become tax deductible, as interest costs are currently. A few EU countries already allow equity deductions, though most do not.
The commission proposal “will not be on the agenda during the Swedish presidency” of the Council of the EU, the country’s permanent representation spokesperson in Brussels said Thursday. Sweden holds the rotating presidency of …
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