Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 (15 of 2009)
Schedule 1 Amendments
Part 2 Consequential amendments
Income Tax Assessment Act 1997
57 Section 12-5 (table item headed "financial arrangements")
Repeal the item, substitute:
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financial arrangements |
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losses from |
230-15(2) and (3) |
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see also borrowing expenses, infrastructure borrowings, interest, leases and securities |