Treasury Laws Amendment (Making Multinationals Pay Their Fair Share - Integrity and Transparency) Act 2024 (23 of 2024)

Schedule 2   Thin capitalisation

Part 1   Amendments

Income Tax Assessment Act 1997

24   Subparagraph 820-40(1)(a)(i)

Omit "or any other amount that is calculated by reference to the time value of money", substitute "or any other amount that is economically equivalent to interest".