Item 29 - Label O - Thin capitalisation

Label W—Was the aggregate amount of the transactions with international parties (including the value of any property or service transferred or the balance of any loans) greater than $2 million?

You must answer this mandatory question. The default for this question is No.

If the answer is Yes, the International dealings schedule (I) is mandatory. Click label W to open and complete schedule I (ids). See International dealings schedule (IDS).

Label O—Did the thin capitalisation provisions apply?

This is a mandatory question and must be answered.

If the answer to this question is Y, you must complete one or both of labels D Interest expenses overseas or E Royalty expenses overseas. Prepare and attach an International dealings schedule (ids).

Label D—Interest expenses overseas

If the answer to the question at label O is Y and there is an amount of total interest expenses at item 5 label I, you must complete label D. Prepare and attach an International dealings schedule (ids) and enter the amount of interest paid to non-residents during the income year included at item 5 label I.

Label E—Royalty expenses overseas

If the answer to the question at label O is Y and there is an amount of total royalty expenses at item 5 label J, label E must be completed. Prepare and attach an International dealings schedule (ids) and enter the amount of royalties paid to non-residents during the income year included at item 5 label J.

Label C—Transactions with specified countries

Click label C to complete and attach an International dealings schedule (ids).