Australian government announces consultation on thin cap reforms

The Australian government, on May 8, announced a consultation on proposals to tighten the country’s thin capitalization rules.  On November 6, 2013, the government said it would proceed with the reforms, which were included in the May 2013 Australian budget. The proposed amendments include a tightening the debt limit settings of Australia’s thin capitalization regime. Consultation, New: For analysis see, Pitcher Partners