INCOME TAX ASSESSMENT ACT 1936 - SECT 409 Losses before 30 June 1990 to be disregarded
INCOME TAX ASSESSMENT ACT 1936 - SECT 409
Losses before 30 June 1990 to be disregarded For the purposes of applying this Act in calculating the
attributable income of the eligible CFC, capital losses incurred before the
end of 30 June 1990 are disregarded.