Tax Laws Amendment (2009 Measures No. 4) Act 2009 (88 of 2009)
Schedule 5 Minor amendments
Part 3 Amendments relating to foreign income tax offsets and foreign losses
Income Tax (Transitional Provisions) Act 1997
276 At the end of section 770-100
Add:
(4) In applying paragraph (b) of item 2, 3 or 4 of the table in subsection 770-30(1) of this Act, disregard any amount deducted, in respect of a tax loss mentioned in subsection (1) of this section, before the latest transfer time.
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