• 11. Deductions

    A Interest expenses within Australia

    Show at A the deductible interest incurred on money borrowed from Australian sources to:

    • acquire income-producing assets
    • finance operations, or
    • meet current expenses.

    If the TOFA rules apply to the fund, include 'Interest expenses within Australia' from financial arrangements subject to the TOFA rules at A.

      Last modified: 15 Jul 2016QC 48112