Income Tax (Transitional Provisions) Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 842 - Exempt Australian source income and gains of foreign residents  

Subdivision 842-I - Investment manager regime  

SECTION 842-235  

842-235   Pre-2012 IMR capital loss  

The pre-2012 IMR capital loss of an IMR foreign fund for an income year is the sum of the fund ' s capital losses made in the income year that are attributable to CGT assets that are financial arrangements covered by section 842-245 of the Income Tax Assessment Act 1997 .