INCOME TAX ASSESSMENT ACT 1997 - SECT 715.290 Additional assumptions to be made when using reference time
INCOME TAX ASSESSMENT ACT 1997 - SECT 715.290
Additional assumptions to be made when using reference timeThe additional assumptions to be made are that, throughout the period starting at the reference time and ending just before the leaving time:
(a) the leaving entity was in existence; and
(b) the * head company held and beneficially owned all the * membership interests in the leaving entity (instead of whoever actually did); and
(c) those membership interests remained the same; and
(d) the head company directly controlled the voting power in the leaving entity.
715 - 310 What is a 170 - D deferred loss , and when it revives
Deferred loss on 165 - CC tagged asset
715 - 355 Head company's own deferred losses at formation time
715 - 360 Deferred losses brought in by subsidiary member
715 - 365 How loss denial balance is applied when 170 - D deferred loss
revives