Income Tax Assessment Act 1997

Chapter 4 inserted by No 162 of 2001.

Part 4-5 inserted by No 162 of 2001.

Division 820 inserted by No 162 of 2001.

Subdivision 820-A inserted by No 162 of 2001.

S 820-35 amended by No 23 of 2024, s 3 and Sch 2 item 18, by substituting " Subdivision 820-AA, 820-B, 820-C, 820-D, 820-E or 820-EAA " for " Subdivision 820-B, 820-C, 820-D or 820-E " , effective 1 July 2024. For application provisions, see note under s 705-60 .

S 820-35 substituted by No 110 of 2014, s 3 and Sch 1 item 18, applicable to assessments for income years starting on or after 1 July 2014. S 820-35 formerly read:

SECTION 820-35 Application - $250,000 threshold  
820-35
Subdivision 820-B , 820-C , 820-D or 820-E does not apply to disallow any *debt deduction of an entity for an income year if the total debt deductions of that entity and all its *associate entities for that year are $250,000 or less.

S 820-35 inserted by No 162 of 2001.