UK Tax Focus

To PBIE Or Not To PBIE? Corporate Interest Deductibility – Part 3


To PBIE Or Not To PBIE? Corporate Interest Deductibility – Part 3

10 May 2017, 13.00 BST/14.00 CEST
Host: Andrew Cox
Presenters: Ben Moseley, Douglas Watkinson

The Public Benefit Infrastructure Exemption (PBIE), is a complex part of the corporate interest restriction rules. The third iteration of the corporate interest restriction rules was published on 20 March 2017 as part of Finance (No 2) Bill 2017. This webcast will look specifically at the application of the rules for ‘Public Infrastructure Companies’. Will your organisation qualify for the Public Benefit Infrastructure Exemption and more importantly will it benefit from the exemption?

We’ll discuss:

  • A recap of how the broader rules work and a brief overview of the most recent changes.
  • What constitutes a Public Infrastructure Company and what qualification for the Public Benefit Infrastructure Exemption entails.
  • Grandfathering provisions within the rules regarding related party debt.
  • Scenarios where applying the legislation in practice may create particular challenges.

Learn about how your organisation might respond to these significant changes.

Register for this webcast