New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)

Schedule 15   Value shifting

Part 5   Dictionary amendments

Income Tax Assessment Act 1997

58   Subsection 995-1(1) (at the end of the definition of market value )

Add:

To avoid doubt, paragraph (a) does apply in working out the market value of economic benefits, or of an*equity or loan interest, for the purposes of Part 3-95 (Value shifting).