थिन क्यापिटलाइजेसन

Borrowing is usually a cheap way to finance a business because interest is tax deductible, but the rules restrict that deduction when debt replaces the owner's equity in ways that look purely motivated by tax. Thin capitalisation limits disallow interest on related-party loans beyond a fixed ratio of the borrower's equity. The mechanism is a ceiling, commonly a ratio of debt to equity. Where the borrowing exceeds the permitted limit, the excess ब्याजले यसको कटौतीशीलता गुमाउँछ, त्यसैले कम्पनीलाई यसको वास्तविक वित्तले सुझाव गरेको भन्दा ठूलो नाफामा कर लगाइन्छ । किनभने परीक्षण ज्यामितीय छ, शेयरधारक ऋण मार्फत पूँजीकरण गरिरहने व्यवसायले सम्पूर्ण युगमा चुपचाप कटौती गुमाउन सक्छ । ट्रिगरलाई पहिचान गर्नु यसलाई सुधार गर्नु भन्दा सजिलो छ । अनुपात इक्विटीको सापेक्ष समीक्षा गरिन्छ, त्यसैले उच्च शेयरधारक ऋणको अंशलाई शेयर पूँजीमा रूपान्तरण गर्दा सन्तुलन पुनर्स्थापित हुन्छ । मिश्रित समूहहरूले watch inter-company borrowing as closely as trading debt. Documentation of every loan agreement, interest rate and payment intention helps, but the real protection is structuring capital at the moment of investment rather than renegotiating it after the department's examination arrives.