Income Tax Assessment Act 1997

S 165-30 substituted by No 7 of 2019, s 3 and Sch 1 item 47, effective 1 April 2019 and applicable in relation to income years starting on or after 1 July 2015. S 165-30 formerly read:

SECTION 165-30 Flow chart showing the application of this Subdivision  

Note:

If the company was a partner during the income year, special rules apply to calculating a notional loss or notional taxable income.

S 165-30 substituted by No 164 of 2007 , s 3 and Sch 6 item 11, applicable to:

(a) any tax loss that is incurred in an income year commencing on or after 1 July 2005; and

(b) any net capital loss that is made in an income year commencing on or after 1 July 2005; and

(c) any deduction in respect of a bad debt that is incurred in an income year commencing on or after 1 July 2005.

S 165-30 formerly read:

SECTION 165-30 Flow chart showing the application of this Subdivision  

Note:

If the company was a partner during the income year, special rules apply to calculating a notional loss or notional taxable income.

S 165-30 substituted by No 147 of 2005.