Commonwealth Consolidated Acts Commonwealth Consolidated Acts
Transfer of tax losses and net capital losses within wholly - owned groups of companies | |||
Item | In this situation: | Element affected: | See section: |
1 | An amount of a tax loss is transferred and a company has a direct or indirect equity interest in the loss company | The total cost base and reduced cost base | 170 - 210 |
2 | An amount of a tax loss is transferred and a company has a direct or indirect debt interest in the loss company | 170 - 210 | |
3 | An amount of a tax loss is transferred and a company has a direct or indirect equity or debt interest in the income company | The total cost base and reduced cost base | 170 - 215 |
4 | An amount of a net capital loss is transferred and a company has a direct or indirect equity interest in the loss company | The total cost base and reduced cost base | 170 - 220 |
5 | An amount of a net capital loss is transferred and a company has a direct or indirect debt interest in the loss company | 170 - 220 | |
6 | An amount of a net capital loss is transferred and a company has a direct or indirect equity or debt interest in the gain company | The total cost base and reduced cost base | 170 - 225 |