New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 14 Loss integrity rules: global method of valuing assets
Part 1 Income Tax Assessment Act 1997
2 At the end of subsection 165-115A(1B)
Add:
However, the choice does not affect the application of the*global method of working out whether the company has an unrealised net loss (see subsection 165-115E(2)).
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