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
95 At the end of subsection 175-60(2)
Add:
Note: Section 175-100 allows the Commissioner to disallow capital losses or parts of capital losses of an insolvent company.
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