Tax Laws Amendment (2004 Measures No. 7) Act 2005 (41 of 2005)
Schedule 6 Consolidation
Part 4 Bad debts
Division 2 Consequential amendments
Income Tax Assessment Act 1997
12 Section 12-5 (table item headed "bad debts")
After:
|
debt/equity swaps |
63E, 63F |
insert:
|
deduction of a debt that used to be owed to a member of a consolidated group by an entity that used to be a member of the group |
Subdivision 709-D |
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