Tax Laws Amendment (Loss Recoupment Rules and Other Measures) Act 2005 (147 of 2005)
Schedule 1 Loss recoupment rules for companies etc.
Income Tax Assessment Act 1997
62 At the end of subsection 165-126(1)
Add:
Note 2: Companies whose total income for the current year is more than $100 million cannot meet the condition in this section for the second continuity period: see section 165-212A.
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