Treasury Laws Amendment (2020 Measures No. 2) Act 2020 (79 of 2020)

Schedule 1   Hybrid mismatch rules

Part 1   Main amendments

Income Tax Assessment Act 1997

39   Subsection 995-1(1) (paragraph (b) of the definition of net income)

After "of a trust", insert "(other than a *public trading trust or an *AMIT)".