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
31 Section 820-65
Omit "an Australian entity that has certain types of overseas investments and is not an authorised deposit-taking institution (an ADI )", substitute "an entity that is an outward investing financial entity (non-ADI) for all of an income year".
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