The European Commission published a proposal for a Council Directive aimed at addressing the debt-equity bias. The proposal is twofold: it contains an allowance on equity and an interest deduction limitation. In short, the provisions of the Directive will apply to all taxpayers which are subject to corporate income tax in one or more EU Member States, save for certain financial undertakings. This article revolves around the question: would the introduction of the Directive be a positive or a negative development for businesses operating in the European Union? In other words: would it be a good idea from a business perspective?