Taxation Laws Amendment Act (No. 5) 2003 (142 of 2003)
Schedule 1 Thin Capitalisation: amendments taking effect on 1 July 2001
Part 7 Cost-free debt capital
Income Tax Assessment Act 1997
31 At the end of subsection 820-946(4)
Add:
However, if the total period for which the interest remains on issue is 180 days or more, this subsection is taken not to have covered the interest at that time.
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