Treasury Laws Amendment (Making Multinationals Pay Their Fair Share - Integrity and Transparency) Act 2024 (23 of 2024)

Schedule 2   Thin capitalisation

Part 1   Amendments

Income Tax Assessment Act 1997

48   Subsection 820-110(2)

Omit "(2) If the entity is an *outward investor (financial)", substitute "If the entity is an *outward investing financial entity (non-ADI)".