Commonwealth Consolidated Acts Commonwealth Consolidated ActsLosses transferred to the head company of a consolidated group under Subdivision 707‑A can be utilised for an income year only against a fraction of the income or gains remaining after the company has utilised other losses and deductions.
Table of sections
Object
707‑305 Object of this Subdivision
How much of a transferred loss can be utilised?
707‑310 How much of a transferred loss can be utilised?
707‑315 What is a bundle of losses?
707‑320 What is the available fraction for a bundle of losses?
707‑325 Modified market value of an entity becoming a member of a consolidated group
707‑330 Losses transferred from former head company
707‑335 Limit on utilising transferred losses if circumstances change during income year
707‑340 Utilising transferred losses while exempt income remains
707‑345 Other provisions are subject to this Subdivision
[This is the end of the Guide.]