Treasury Laws Amendment (Making Multinationals Pay Their Fair Share - Integrity and Transparency) Act 2024 (23 of 2024)

Schedule 2   Thin capitalisation

Part 1   Amendments

Income Tax Assessment Act 1997

140   Subsection 995-1(1)

Insert:

tax EBITDA has the meaning given by section 820-52.

third party debt conditions has the meaning given by section 820-427A.

third party earnings limit has the meaning given by section 820-427A.