Treasury Laws Amendment (2020 Measures No. 2) Act 2020 (79 of 2020)

Schedule 1   Hybrid mismatch rules

Part 2   Foreign hybrid mismatch rules

Income Tax Assessment Act 1997

48   Paragraph 832-535(2)(b)

Repeal the paragraph, substitute:

(b) in the primary response country, the mismatch is covered by *foreign hybrid mismatch rules that correspond to this Subdivision, or by a law that has substantially the same effect as foreign hybrid mismatch rules that correspond to this Subdivision.