Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 167.15

First way--disregard debt interests

             (1)  The unsatisfied condition may be reconsidered by disregarding any * debt interests in each unequally structured company.

             (2)  The way an entity prepares its * income tax return is sufficient evidence of it choosing to work out the unsatisfied condition under subsection (1).



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