New Business Tax System (Integrity and Other Measures) Act 1999 (Incorporating amendments up to Act No. 78 of 2001) (169 of 1999)

Schedule 2   Value shifting through debt forgiveness

Income Tax Assessment Act 1997

2   At the end of section 138-15

Add:

Note: Division 139 (about value shifting through debt forgiveness) also provides for cost base adjustments to interests in companies under common ownership.