The Australian Taxation Office (ATO) has announced that it has updated its Thin capitalisation web guidance to assist entities who need to apply the new thin capitalisation rules.
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New thin capitalisation rules: web guidance available
If you need to apply the new thin capitalisation rules, use our web guidance to understand the debt deduction changes.
Following royal assent of the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share-Integrity and Transparency) Act 20…