INCOME TAX ASSESSMENT ACT 1997 (ARCHIVE)

This Subdivision sets out the thin capitalisation rules that apply to a group of entities (called a resident TC group). If those rules apply to the group, the rest of the Division does not apply separately to the entities in the group.

This Subdivision tells you:

• how to construct a resident TC group; and

• how to classify the group (in terms of which Subdivision of this Division to apply); and

• how to apply this Division to the group (including how the application is modified).