Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 820.51

  (1)   An entity's fixed ratio earnings limit for an income year is 30% of its * tax EBITDA for the income year.

  (2)   An entity's group ratio earnings limit for an income year is its * group ratio for the income year multiplied by its * tax EBITDA for the income year.