TD 92/152W — Income tax: is interest withholding tax, or an amount equivalent to interest withholding tax, paid by a borrower on behalf of a foreign lender deductible? · Tullian
Income tax: is interest withholding tax, or an amount equivalent to interest withholding tax, paid by a borrower on behalf of a foreign lender deductible?
As a result of the Full Federal Court's decision in FCT v. Century Yuasa Batteries Pty Ltd (1998) 82 FCR 288, the Taxation Determination is no longer appropriate.