Taxation Laws Amendment Act (No. 5) 2003 (142 of 2003)

Schedule 2   Thin Capitalisation: amendments taking effect on 1 July 2002

Part 5   Disallowed deductions not included in cost base of a CGT asset

Income Tax Assessment Act 1997

44   At the end of section 820-325

Add:

Note: The disallowed amount also does not form part of the cost base of a CGT asset. See section 110-54.