The Property Council of Australia (the Property Council) welcomes the opportunity to respond to the Australian Taxation Office’s (ATO) consultation on the latest guidance and rulings for Thin Capitalisation and the Third-Party Debt Test. 1997) in the first year of the new thin capitalisation regime, and the period to revoke elections (where relevant), for a reasonable period following finalisation of TR 2024/D3 and PCG 2024/D3.
Home Campaigns and Submissions Submission on the application of Thin Capitalisation Third-Party Debt Test and Schedule 3 of PCG 2024/D3
