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Question 34

Last updated 8 November 2011

Complete by placing an 'X' in the applicable box. If you answer 'yes', your type of thin capitalisation entity changed during the year from the type of entity covered by code 1, 3 or 6 (general) to the type of entity covered by code 2, 4 or 6 (financial).

The thin capitalisation provisions make a distinction between a non-ADI 'financial entity' and a 'general entity'. Special rules apply to qualifying financial entities.

Further Information

For more information about the different types of thin capitalisation entities, refer to Division 820 of the ITAA 1997.

End of further information

QC24292