ATO Consulting Further on Guidance for New Thin Capitalisation Rules

The Australian Taxation Office has announced further consultations on guidance for the new thin capitalization rules introduced by the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share-Integrity and Transparency) Act 2024, which received Royal Assent (was enacted) on 8 April 2024 (previous coverage).

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Title

Multinational Tax Integrity – strengthening Australia's interest limitation (thin capitalisation) rules

Purpose

On 8 April 2024, the Treasury Laws Amendment (M…