Taxation Laws Amendment Act (No. 1) 2001 (72 of 2001)
Schedule 2 Arrangements treated as a sale and loan and limited recourse debt
Part 2 Consequential amendments: arrangements treated as a sale and loan
Income Tax Assessment Act 1997
8 Section 12-5 (table)
Insert in its appropriate alphabetical position, determined on a letter-by-letter basis:
notional sales and loans
|
adjustment amounts (lessee) |
240-110(1) |
|
adjustment amounts (lessor) |
240-105(3) |
|
arrangement payments, no deduction for |
240-55 |
|
notional interest |
240-50 |
|
payments to acquire property, no deduction for |
240-85 |