The BEPS action 4 “Limiting Base Erosion Involving Interest Deductions and Other Financial Payments” recommendation aims to provide guidance to jurisdictions around the globe to limit the deductibility of interest expenses in the source jurisdiction to an amount up to a given percentage (30% recommended) of the (group/individual) EBITDA.

We understand that this approach has been, or is in the process of being implemented in different jurisdictions. In this respect, the aim of this survey is to generally understand how and if, and in accordance with which key parameters, have the Taxand jurisdictions implemented this recommendation. We kindly request your assistance in answering the following questions generally, taking into account the key issues applicable to your jurisdiction: