Income Tax Assessment Act 1936
For the purposes of the formula component ``Implicit interest rate'' in subsection 159GQB(1) , the rate of interest for a fixed return security in relation to a taxpayer is the rate of compound interest per period of 6 months at which:
(a) the sum of the present values of all amounts payable under the security during the taxpayer's maximum term;
(b) the issue price or the transfer price, as the case requires, of the security.
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