INCOME TAX ASSESSMENT ACT 1997 - SECT 165.119 Application of Subdivision
INCOME TAX ASSESSMENT ACT 1997 - SECT 165.119
Application of SubdivisionThis Subdivision applies to a debt only to the extent (if any) to which Subdivision 165 - CC does not apply in respect of the debt.
Note: Subdivision 165 - CC applies to certain capital losses or
tax losses of a company to the extent to which the capital loss or tax loss
does not exceed the company's unrealised net loss.