New Business Tax System (Thin Capitalisation) Act 2001 (162 of 2001)
Schedule 1 Thin capitalisation rules
Part 2 Consequential and other amendments
Income Tax Assessment Act 1936
4E Subsection 160AF(8)
Insert:
relevant debt deduction , for a taxpayer, means a debt deduction of the taxpayer for an income year, to the extent that it is not attributable to any of the taxpayer's overseas permanent establishments.
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