Miscellaneous 2001

Debt versus Equity

Source: New South Wales

Published Date: 3 Apr 2001


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This paper dicusses Debt versus Equity, with a focus on the the concept of debt and equity as defined in Division 153 looking at three main areas:
(i) denying deductions for payments in respect of 'non-share' equity and enabling deductibility of payments made in respect of 'debt-like' equity;
(ii) determining equity for the purposes of franking; and
(iii) determining treatment of return of capital; determining debt capital and equity interests for the purposes of the thin capitalisation provisions.

Individual Session

Debt versus Equity

Author(s): Paul King CTA
Materials from this session:


  • Published By: Paul King CTA
  • Published On:3 Apr 2001
  • Took place at:All Seasons Premier Menzies Hotel, Sydney

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Miscellaneous 2001

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