Poland to tighten thin cap rules

Poland’s President, Bronislaw Komorowski, on Sept. 17, signed into law changes to the thin capitalization rules that reduce the debt-to-equity ratio to 1:1, broaden the definition of “qualifying entity,” extend the rules to indirect relationships, and introduce new methods to determine tax deducible interest limits, writes KPMG Poland in an Oct. 2 report. For discussion of the new law, see KPMG (PDF 126 KB).