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
24 Subparagraph 820-40(1)(a)(i)
Omit "or any other amount that is calculated by reference to the time value of money", substitute "or any other amount that is economically equivalent to interest".
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