Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)
Schedule 6
Part 6 Asterisks
Division 3 Other amendments
Income Tax Assessment Act 1997
61 Section 36-25 (table relating to tax losses of corporate tax entities, item 1)
Omit “*corporate tax entity that has an amount of *excess franking offsets for an income year: it works out its *tax loss”, substitute “corporate tax entity that has an amount of excess franking offsets for an income year: it works out its tax loss”.
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