TY  - BOOK
AU  - 
ED  - SpringerLink (Online service)
TI  - Taxation of Hybrid Financial Instruments and the Remuneration Derived Therefrom in an International and Cross-border Context: Issues and Options for Reform 
SN  - 9783642324574
AV  - HF5681.T3 
U1  - 658.153 23
PY  - 2012///
CY  - Berlin, Heidelberg
PB  - Springer Berlin Heidelberg, Imprint: Springer
KW  - Economics
KW  - Finance
KW  - Economics/Management Science
KW  - Business Taxation/Tax Law
KW  - Private International Law, International & Foreign Law, Comparative Law
KW  - Finance/Investment/Banking
KW  - Public Finance & Economics
KW  - International Economic Law, Trade Law
N1  - Introduction -- Background of Financial Instruments -- Guidelines for Corporate Income Taxation of Hybrid Financial Instruments -- Tax Classifications and Treatments of Hybrid Financial Instruments and the Remuneration Derived Therefrom -- Classification Conflicts and Options for Reform -- Conclusions; ZDB-2-SBE
N2  - Despite the enormous diversity and complexity of financial instruments, the current taxation of hybrid financial instruments and the remuneration derived therefrom are characterized by a neat division into dividend-generating equity and interest-generating debt as well as by a coexistence of source- and residence-based taxation. This book provides a comparative analysis of the classification of hybrid financial instruments in the national tax rules currently applied by Australia, Germany, Italy and the Netherlands as well as in the relevant tax treaties and EU Directives. Moreover, based on selected hybrid financial instruments, mismatches in these tax classifications, which lead to tax planning opportunities and risks and thus are in conflict with the single tax principle, are identified. To address these issues, the author provides reform options that are in line with the dichotomous debt-equity framework, as he/she suggests the coordination of either tax classifications or tax treatments
UR  - http://dx.doi.org/10.1007/978-3-642-32457-4
ER  -