Income Tax Assessment Act 1997

This Subdivision sets out the thin capitalisation rules that apply to an entity that is both an authorised deposit-taking institution (an ADI ) and an Australian entity that has certain types of overseas investments. These rules deal with the following matters:

• how to work out the entity ' s minimum capital amount for an income year;

• how all or a part of the debt deductions claimed by the entity may be disallowed if the minimum capital amount is not reached;

• how to apply these rules to a period that is less than an income year.