Taxation Laws Amendment Act (No. 5) 2003 (142 of 2003)
Schedule 1 Thin Capitalisation: amendments taking effect on 1 July 2001
Part 3 Choice by some financial entities to be treated as ADIs for thin capitalisation purposes
Income Tax Assessment Act 1997
7 Subsection 995-1(1) (at the end of the definition of inward investing entity (ADI) )
Add:
Note: Section 820-430 allows an inward investor (financial) to be treated as an inward investing entity (ADI) in certain cases.
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