Treasury Laws Amendment (Making Multinationals Pay Their Fair Share - Integrity and Transparency) Act 2024 (23 of 2024)
Schedule 2 Thin capitalisation
Part 1 Amendments
Income Tax Assessment Act 1997
10 After paragraph 815-140(1)(a)
Insert:
(aa) the entity:
(i) is not a *general class investor in relation to the income year; and
(ii) has not made a choice under subsection 820-85(2C) or 820-185(2C) in relation to the income year; and
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