Treasury Laws Amendment (2020 Measures No. 2) Act 2020 (79 of 2020)

Schedule 1   Hybrid mismatch rules

Part 3   Hybrid entities integrity rule

Income Tax Assessment Act 1997

54   Section 832-720

Omit "an Australian deduction of an entity (the paying entity ) for a payment of interest (or a payment of a similar character)", substitute "an Australian deduction for a payment of interest (or a payment of a similar character) made by an entity (the paying entity )".