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

142   Subsection 995-1(1) (paragraphs (b) and (d) of the definition of worldwide gearing debt amount)

Repeal the paragraphs.