Legislation

ITAA 1997 s of the interest paid or payable by Foreign Co in respect of the loan is deductible under subsection 8-1(1)

ATO documents that consider ITAA 1997 s of the interest paid or payable by Foreign Co in respect of the loan is deductible under subsection 8-1(1)

1 document

Commercial Debt Forgiveness: whether a loan used by a foreign resident debtor solely to derive foreign income is a commercial debt