Income Tax Assessment Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 820 - Thin capitalisation rules  

Subdivision 820-D - 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 .