• Question 33

    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

    Provide your entity type as at the end of the income year.

    The thin capitalisation rules apply differently depending on an entity's type. To work out how the thin capitalisation rules apply to a particular entity we need to know which category the entity belongs to.

    At A, using the tables below, write the code which represents the type of thin capitalisation entity you are at the end of the income year or relevant period. If you do not know what type of entity you are, refer to the relevant provisions in Division 820 of the ITAA 1997.

    If your type of thin capitalisation entity changed during the year, you only need to complete section F for the type of thin capitalisation entity you were at the end of the income year or relevant period.

    Non-authorised deposit-taking institution (ADI)

    Code

    Type

    1

    Outward investor (general) under subsections 820-85(2) and 820-583(2)

    2

    Outward investor (financial) under subsections 820-85(2) and 820-583(3)

    3

    Inward investment vehicle (general) under subsections 820-185(2) and 820-583(5)

    4

    Inward investment vehicle (financial) under subsections 820-185(2), 820-583(6) and 820-609(6)

    5

    Inward investor (general) under subsection 820-185(2)

    6

    Inward investor (financial) under subsection 820-185(2)

    ADI

    Code

    Type

    7

    Outward investing entity (ADI) under subsections 820-300(2), 820-583(7), 820-587 and 820-609

    8

    Inward investing entity (ADI) under subsections 820-395(2) and 820-609(4)

    Last modified: 09 Nov 2011QC 24292