ATO Summarizes Effect of Debt Deduction Creation Rules on Private Groups

The Australian Taxation Office has issued a summary on how the new debt deduction creation rules affect private groups.
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Debt deduction creation rules and private groups
Review a summary of the thin capitalisation – debt deduction creation rules (DDCR) and how they affect private groups.
New information is available to help you understand how the DDCR interact with your private group …
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