Public consultation on bill introducing limitations on deductibility of interest expenses between related parties
On 11 April 2013, the Ministry of Finance launched a public consultation on a bill (13/1689 SL BBE/KR) introducing limitations on the deductibility of interest expenses between related parties. Details of thebill are summarized as follows:
- | Parties are considered related if one party directly or indirectly owns or controls the othe… |