Income Tax Assessment Act 1997
CHAPTER 4
-
INTERNATIONAL ASPECTS OF INCOME TAX
PART 4-5
-
GENERAL
Division 820
-
Thin capitalisation rules
Subdivision 820-B
-
Thin capitalisation rules for outward investing financial entities (non-ADI)
SECTION 820-65
What this Subdivision is about
•
how to work out the entity
'
s maximum allowable debt for an income year;
•
how all or a part of the debt deductions claimed by the entity may be disallowed if the maximum allowable debt is exceeded;
•
how to apply these rules to a period that is less than an income year.
View history note
Hide history noteThis Subdivision sets out the thin capitalisation rules that apply to an entity that is an outward investing financial entity (non-ADI) for all of an income year. These rules deal with the following matters:
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.