On Thursday 12 January, MEPs on the Committee on Economic and Monetary Affairs (ECON) discussed the draft report by Luděk Niedermayer (EPP, Czech) on the Commission’s ‘DEBRA’ (debt-equity bias reduction allowance) proposal for a deductible tax incentive to reduce debt.
While the EPP and Renew Europe groups are in favour, the Greens/EFA group does not support it.
Presented in May, the measure aims to help businesses access the finance they need to become more resilient by introducing...