Income Tax Assessment Act 1997
A debt-like trust instrument in an AMIT is treated as a debt interest in the AMIT. A distribution in relation to the instrument is treated as interest for the purposes of provisions relating to interest withholding tax, and may be treated as a deduction in working out the trust components of the AMIT.
|276-505||Meaning of debt-like trust instrument|
|276-510||Debt-like trust instruments treated as debt interests etc.|
|276-515||Distribution on debt-like trust instrument could be deductible in working out trust components|