Income Tax Assessment Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 820 - Thin capitalisation rules  

Subdivision 820-AA - Thin capitalisation rules for general class investors  

Operative provisions

SECTION 820-51   Meaning of fixed ratio earnings limit and group ratio earnings limit  

820-51(1)    
An entity ' s fixed ratio earnings limit for an income year is 30 % of its * tax EBITDA for the income year.

820-51(2)    
An entity ' s group ratio earnings limit for an income year is its * group ratio for the income year multiplied by its * tax EBITDA for the income year.