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<p>A <a href="/publications/2021/2021-commentary-sop-argrm-bill">commentary to Supplementary Order Paper No 64</a> has been released today. The SOP was released on 28 September and contains proposals aimed at limiting the deductibility of interest incurred for residential property investments.</p>
<p>The SOP also contains a proposed five-year new build bright-line test, a new option for calculating fringe benefit tax and a proposal to clarify the application of the business continuity test for carrying forward losses.</p>
<p>The commentary provides more detailed information on the proposed amendments included in the SOP.</p>

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