INCOME TAX ASSESSMENT ACT 1997 - SECT 112.95 Transfer of tax losses and net capital losses within wholly

Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 112.95

Transfer of tax losses and net capital losses within wholly - owned groups of companies

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
The reduced cost base
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
The reduced cost base
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

Transfer of tax losses and net capital losses within wholly - owned groups of companies
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	The reduced cost base	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	The reduced cost base	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

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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	The reduced cost base	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	The reduced cost base	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