Special report on interest limitation and additional bright-line changes

Special report providing early technical coverage of the interest limitation and additional bright-line changes in the Taxation (Annual Rates for 2021–22, GST, and Remedial Matters) Act 2022.

Full coverage of the new legislation will be provided in an upcoming issue of the Tax Information Bulletin.

Correction: An amendment was made to this special report on 1 March 2023 in relation to the wording in example 88 on page 194.

The Tax Information Bulletin Vol 34 No 5 dated June 2022 was also corrected.