Creditor countries’ banking and fiscal regulations: Can changes encourage debt relief?
研究了债权国税收和银行监管的特定修改如何鼓励债务减免，特别关注贷款损失准备金和债务减免的税收处理，并提出了国际贷款税收处理的事前定义。
This article focuses on creditor countries’ tax and banking regulations and the possible positive role which certain specific modifications to them can have on encouraging debt relief. A key area for regulatory changes is that of tax treatment of provisions and debt/ debt service relief. Changes in banking, fiscal and other regulations are particularly relevant in the context of the current phase of ‘officially supported, market based debt reduction’ which the Brady plan implies. The author makes some specific suggestions for treatment of loan‐loss and proposes an ex‐ante definition of tax treatment on international lending.