Germany’s upper house of parliament approves draft bill which includes strict anti-hybrid proposal, rules easing intragroup restructurings

The German Bundesrat on November 7 approved a draft tax bill that contains a number of important proposals, including anti-hybrid and anti-double dip rules that are more strict than OECD recommendations, writes Deloitte. A welcome proposal would  broaden the intragroup restructuring exception for purposes of the change in ownership rules, the firm writes. For detailed discussion of the proposals, see, Deloitte.

Related MNE Tax article:

• Germany considers new rules on hybrid financing, intra-group transfers, capital gains exemption