Tax Laws Amendment (2010 Measures No. 3) Act 2010 (90 of 2010)
Schedule 2 Thin capitalisation
Income Tax Assessment Act 1997
3 Section 820-310 (method statement, step 1)
Omit all the words before paragraph (a), substitute:
Step 1. Work out the average value, for the income year, of all the entity's:
(aa) *risk-weighted assets; and
(ab) intangible assets comprising capitalised software expenses;
that are attributable to none of the following:
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