The Australian Taxation Office has provided guidance on the approved form for taxpayers to make a choice on using the group ratio test or the third-party debt test. --- Thin capitalisation test choices – approved form Complete this form to make a choice to use the group ratio test or the third party debt test for your entity. What this form is for Use this approved form when making a choice to apply the group ratio test or third party debt test pursuant to Division 820 of the Income Tax Assessment Act 1997 (ITAA 1997) for an income year. We...