Tax and Superannuation Laws Amendment (2014 Measures No. 4) Act 2014 (110 of 2014)
Schedule 1 Thin capitalisation
Part 2 Worldwide gearing debt amount for outward investing entities (non-ADI)
Income Tax Assessment Act 1997
12 Subsection 820-110(2) (method statement, steps 2, 3 and 4)
Repeal the steps, substitute:
Step 3. Add 1 to the result of step 1.
Step 4. Divide the result of step 1 by the result of step 3.
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