Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)

Schedule 2   Thin capitalisation: excluded equity interests

Income Tax Assessment Act 1997

1   At the end of subsection 820-946(2A)

Add:

However, the interest is taken not to have been an excluded equity interest at the time if the total period for which the interest remains on issue is 180 days or more.