Income Tax Assessment Act 1997
CHAPTER 4
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INTERNATIONAL ASPECTS OF INCOME TAX
PART 4-5
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GENERAL
Division 820
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Thin capitalisation rules
Subdivision 820-H
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Control of entities
SECTION 820-740
What this Subdivision is about
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the meaning of an Australian controller of a foreign entity (for the purpose of determining whether or not an entity is an outward investing entity (non-ADI) or outward investing entity (ADI));
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the meaning of a foreign controlled Australian entity (for the purpose of determining whether or not an entity is an inward investing entity (non-ADI));
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the method of working out the extent to which one entity is controlled by another entity for those purposes.
View history note
Hide history noteThis Subdivision sets out rules about the following:
[ CCH Note: S 820-740 will be amended by No 23 of 2024, s 3 and Sch 2 item 98, by substituting " investing financial entity (non-ADI) " for " investing entity (non-ADI) " (wherever occurring), effective 1 July 2024. For application provisions, see note under s 705-60 .]
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