INCOME TAX ASSESSMENT ACT 1997 - SECT 707.200 What this Subdivision is about

INCOME TAX ASSESSMENT ACT 1997 - SECT 707.200

This Subdivision modifies rules about a company maintaining the same ownership to be able to utilise a loss transferred to it under Subdivision   707 - A, and specifies what things happening before the transfer are to be taken into account in working out whether the company can utilise the loss.

Table of sections

Operative provisions

707 - 205   Modified period for test for maintaining same ownership

707 - 210   Utilisation of certain losses transferred from a company depends on company that made the losses earlier