With effect from 1 July 2024, the new ‘thin cap’ regime is complemented by the debt deduction creation rules (DDCR) which target debt deductions relating to certain related party arrangements. The DDCR is complex with broad application. It contains a specific anti-avoidance rule. For many taxpayers, there is a need to revisit historic arrangements and trace funds. Evidence is required to prove that the DDCR does not apply. This session walked through the scope of the DDCR, its interaction with other measures and the Commissioner’s administrative approach.
Impacts and practical issues arising from the debt deduction creation rules
Published Date: 3 Sep 2025
Details
- Published By: Justin Orders, James Alsop
- Published On:3 Sep 2025
- Event Name:The Tax Summit 2025
- Session Name:Impacts and practical issues arising from the debt deduction creation rules
- Read Time:30+ minutes
- Took place at:MCEC Melbourne
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