The following table sets out a map of this Division.
Map of Division | ||
Item | This Subdivision: | sets out: |
1 | Subdivision 820 - B or 820 - C | (a) the meaning of maximum allowable debt for the Subdivision; and (b) how an entity covered by the Subdivision would have all or a part of its debt deductions disallowed if the maximum allowable debt is exceeded; and (c) the application of these rules in relation to a part of an income year. |
2 | Subdivision 820 - D or 820 - E | (a) the meaning of minimum capital amount for the Subdivision; and (b) how an entity covered by the Subdivision would have all or a part of its debt deductions disallowed if the minimum capital amount is not reached; and (c) the application of these rules in relation to a part of an income year. |
3A | Subdivision 820 - FA | how this Division applies to a consolidated group or MEC group. |
3B | Subdivision 820 - FB | special rules for grouping foreign bank branches with a consolidated group, MEC group or single Australian resident company. |
4 | Subdivision 820 - G | the methods of calculating the average value of a matter for the purposes of this Division. |
5 | Subdivision 820 - H | the rules for determining: (a) whether or not an Australian entity controls a foreign entity (for the purposes of determining whether or not Subdivision 820 - B or 820 - D applies to that Australian entity); and (b) whether or not an Australian entity is controlled by a foreign entity (for the purposes of determining whether or not Subdivision 820 - C applies to that Australian entity). |
5A | Subdivision 820 - HA | the meaning of controlled foreign entity debt and controlled foreign entity equity for the purposes of this Division. |
6 | Subdivision 820 - I | the meaning of various concepts about associate entity for the purposes of this Division. |
7 | Subdivision 820 - J | the meaning of equity interests in trusts and partnerships for the purposes of this Division. |
7A | Subdivision 820 - JA | worldwide debt and equity concepts. |
8 | Subdivision 820 - K | the meaning of zero - capital amount for the purposes of this Division. |
8A | Subdivision 820 - KA | the meaning of cost - free debt capital, and excluded equity interest, for the purposes of this Division. |
9 | Subdivision 820 - L | special record keeping requirements for the purposes of this Division. |
820 - 32 Exemption for private or domestic assets and non - debt liabilities
820 - 35 Application--$2 million threshold
820 - 37 Application--assets threshold
820 - 39 Exemption of certain special purpose entities
820 - 40 Meaning of debt deduction