On Wed 12.8.2020, the ATO issued the following products to provide guidance on applying the arm’s length debt test in the thin capitalisation rules: TR 2020/4 and PCG 2020/7.
See below for details.
Author: John Morgan
http://www.FJMtax.comJohn Morgan is a tax specialist lawyer of more than three decades experience now practicing at the Victorian Bar - w: www.FJMtax.com e: f.john.morgan@vicbar.com.au