INCOME TAX ASSESSMENT ACT 1997 - SECT 195.25 Applying a PDF's net capital losses
INCOME TAX ASSESSMENT ACT 1997 - SECT 195.25
Applying a PDF's net capital losses If a company is a * PDF at the end of an income year for which
it has a * net capital loss, it can apply the loss in working out its *
net capital gain for a later income year only if it is a PDF throughout the
last day of the later income year.