The changes to Australia's Thin Capitalisation provisions introduced by Taxation Laws Amendment Bill (No 4)1997 will have an adverse impact on many foreign-controlled trusts. This article examines the implications of the changes and illustrates their effect on many common trust structures.
McDermid, Jeff and Young, Sheree
"Thin Capitalisation Changes - Effect on Trusts,"
Revenue Law Journal:
1, Article 9.
Available at: http://epublications.bond.edu.au/rlj/vol8/iss1/9