INCOME TAX ASSESSMENT ACT 1997 - SECT 195.65 Tax losses cannot be transferred to a VCLP, an ESVCLP, an AFOF or a VCMP
INCOME TAX ASSESSMENT ACT 1997 - SECT 195.65
Tax losses cannot be transferred to a VCLP, an ESVCLP, an AFOF or a VCMP A * limited partnership's * tax loss for a * loss year
cannot be deducted in a later income year during which the partnership is a *
VCLP, an * ESVCLP, an * AFOF or a * VCMP.