• Question 32

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Complete by placing an 'X' in the applicable box. If you answer 'yes', you need to provide the ABN of the head company of the group or single company at C and then go to question 41.

    If you carry on qualifying Australian branch operations that are treated, under subdivision 820-FB of the ITAA 1997, as part of a consolidated group or MEC group or a single company for thin capitalisation purposes, you will not be required to complete the remaining thin capitalisation questions. This is because the questions must be completed in the return of the head company or the single company on the basis of including your branch operations.

    If you do carry on qualifying Australian branch operations that are not treated as part of a consolidated group, MEC group or single company by reason of the operation of subdivision 820-FB, you must complete the following thin capitalisation questions for the branch operations.

    Last modified: 09 Nov 2011QC 24292