Tax and Superannuation Laws Amendment (2014 Measures No. 4) Act 2014 (110 of 2014)

Schedule 1   Thin capitalisation

Part 7   Consequential amendments

Income Tax Assessment Act 1997

53   Subsection 995-1(1) (definition of worldwide debt )

Repeal the definition, substitute:

worldwide debt of an entity and at a particular time has the meaning given by subsection 820-932(1).


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