债权证 meaning in English
debenture
title to debt
Examples
- Register of debenture holders
债权证持有人登记册 - Debenture trust deed
债权证信托契约 - Consultation paper on proposed amendments to the companies ordinance to facilitate offers of shares and debentures
为便利股份或债权证要约而就公司条例提出的修订建议谘询文件 - A key objective of the bill is to strengthen the anti - avoidance provisions for interest deduction to prevent abuse by disallowing interest deduction involving indirect interest flow - back and to reflect more clearly the policy intent that companies should not be able to gain interest deduction benefits by creating artificial interest expense streams through issuing debentures or commercial papers and then subscribing to them through their associates
条例草案当中的一个重要目的，是加强有关扣除利息支出的防止避税条文，明确地不容许涉及间接利息回流的利息扣除。这亦更清晰地反映政策原意，即各间公司不应通过发行债权证或商业票据，然后透过其相联者将有关票据购回，从而虚构利息支出藉以扣税。 - They involve schemes making use of various tax planning tools , such as trusts , alienation of interest income , and artificial public issues of debentures in overseas stock exchanges , for the purpose of engineering artificial interest payment situations through circular flows of funds within companies in a group without any genuine external borrowing which requires real interest expenses , " the spokesman explained
发言人解释：我们发现近年越来越多蓄意避税手段，是现有防止避税条文无法轻易对付的，例如利用信托转让利息收入假意在海外证券交易所公开发行债权证等意图避税的各种税务安排手法。这些安排的目的是透过在同属集团内公司之间的资金循还转让，制造虚假的利息支出，而有关公司却其实没有真正从外借入该笔须付利息的资金。