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

86   Subsection 820-588(1) (paragraph (a) of note 2)

Repeal the paragraph, substitute:

(a) an outward investing financial entity (non-ADI); or