author_orbitax
Orbitax

Share This Article

ATO Focusing on Thin Capitalisation for Justified Trust Reviews

03 February 2025

|

Approved Changes

|

Australia

The Australian Taxation Office (ATO) has announced that it is focusing on new thin capitalisation rules for justified trust reviews. --- Thin capitalisation in focus for justified trust reviews How we're supporting the Top 100 and Top 1,000 taxpayers to comply with the new thin capitalisation rules. The new thin capitalisation and debt deduction creation rules are likely to have a significant impact on the affairs of some taxpayers. The application of these new rules will be a key focus area of our Top 100 and Top 1,000 justified trust compliance and assurance programs when we review years where the...