Tax Laws Amendment (2009 Measures No. 4) Act 2009 (88 of 2009)
Schedule 4 Consolidation: application of losses with nil available fraction
Income Tax Assessment Act 1936
1 At the end of subsection 245-105(1) in Schedule 2C
Add:
Note: The total net forgiven amount may be reduced under section 707-415 of theIncome Tax Assessment Act 1997.
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