W

Worldwide capital amount

The worldwide capital amount is one of the amounts available to an Australian outward investing ADI, that is not foreign controlled, to establish its minimum capital amount.

See also:

• section 820-320 of the ITAA 1997.

Worldwide debt

Worldwide debt is the total debt owed by an Australian outward investor and its controlled foreign entities, excluding debt they owe to each other. This amount is used to calculate the worldwide gearing debt amount.

See also:

• subsection 995-1(1) of the ITAA 1997.

Worldwide equity

This is the total equity capital of an Australian outward investor and its controlled foreign entities, excluding equity they have invested in each other. This amount is used to calculate the worldwide gearing debt amount.

See also:

• subsection 995-1(1) section 820-110 of the ITAA 1997.

Worldwide gearing debt amount

This is one of the amounts available to an Australian non-ADI entity, that is not foreign controlled, to establish its maximum allowable debt.

See also:

• section 820-110 of the ITAA 1997

Worldwide group

A worldwide group includes an Australian entity and controlled foreign entities of which it is an Australian controller.