Treasury Laws Amendment (2020 Measures No. 2) Act 2020 (79 of 2020)
Schedule 1 Hybrid mismatch rules
Part 3 Hybrid entities integrity rule
Income Tax Assessment Act 1997
59 At the end of section 832-725
Add:
(7) Subsection (3) does not apply to the extent that an amount to which the payment relates was not allowable as a deduction under subsection 832-530(2).
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