Income Tax Assessment Act 1997
CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-10 - FINANCIAL TRANSACTIONS
Division 245 - Forgiveness of commercial debts
Subdivision 245-A - Debts to which operative rules apply
Guide to Subdivision 245-A SECTION 245-5 What this Subdivision is about
This Division applies to a debt if you can deduct interest payable on the debt.
|Application of Division|
|245-20||Parts of debts|