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26 Apr 2023
5 minute read

Thin capitalisation exposure draft legislation: Deloitte submission – 13 April 2023

Tax thin capitalisation exposure draft legislation deloitte submission
264 KB PDF
Submission treasury
615 KB PDF

These submissions provide our comments on the Exposure Draft Treasury Laws Amendment (Measures for Future Bills) Bill 2013: Thin capitalisation interest limitation, as issued on 16 March 2023.

The submissions cover two main topics:

  • Proposed changes to debt deduction rules
  • Proposed modifications to sections 25-90 and 230-15 to disallow interest expenses relating to foreign dividends that are NANE under section 768-5.

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