22/01/2016 (Agence Europe) - Anti-BEPS directive sets interest deduction rate at 30%. Contrary to what we reported in a recent article on the European Commission's package of draft legislation to tackle tax avoidance (see EUROPE 11473), for the provision restricting the deduction of interest, the Commission has set the threshold for deductible interest at 30% of a group's turnover before interest, tax, amortisation and provisions (EBITDA), rather than between 10% and 30% (as laid down in the...