The Australian Taxation Office (ATO) has announced that it is consulting on public advice and guidance in advance of the strengthened interest deduction limitation (thin capitalisation) rules that are pending approval in parliament as part of the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and Transparency) Bill 2023. As previously reported, Schedule 2 to the Bill introduces new earnings-based tests for 'general class investors', specifically, a fixed ratio …