Income Tax Assessment Act 1997
CHAPTER 4
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INTERNATIONAL ASPECTS OF INCOME TAX
The entity ' s minimum capital amount for an income year is the least of the following amounts:
(a) the *safe harbour capital amount;
(b) the *arm ' s length capital amount;
(c) the *worldwide capital amount.
PART 4-5
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GENERAL
Division 820
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Thin capitalisation rules
Subdivision 820-D
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Thin capitalisation rules for outward investing entities (ADI)
Operative provisions
SECTION 820-305
820-305
Minimum capital amount
The entity ' s minimum capital amount for an income year is the least of the following amounts:
(a) the *safe harbour capital amount;
(b) the *arm ' s length capital amount;
(c) the *worldwide capital amount.
Note:
The entity cannot use the worldwide capital amount if the entity is also a foreign controlled Australian entity throughout that year, see section 820-320 .
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