Legislation

ITAA 1997 s 247 ignores any amount (such as any Borrowing Fee) which is not in substance for capital protection or interest, in calculating the cost of capital protection, pursuant to subsections 247-20(1) and 247-25(1) of the IT(TP)A 1997 and subsection 247-20(3)

ATO documents that consider ITAA 1997 s 247 ignores any amount (such as any Borrowing Fee) which is not in substance for capital protection or interest, in calculating the cost of capital protection, pursuant to subsections 247-20(1) and 247-25(1) of the IT(TP)A 1997 and subsection 247-20(3)

1 document

PR 2007/55currentPR · 2007

Income tax: tax consequences of investing in ABN AMRO Protected Equity Instalment Series 2007 Product Disclosure Statement - cash applicants