Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf a tax loss or a net capital loss is transferred between companies in the same wholly - owned group, this Subdivision provides for adjustments to:
(a) the cost base and reduced cost base of direct and indirect equity interests held by group companies in the loss company, or in the income company or gain company; and
(b) the reduced cost base of direct and indirect debt interest held by group companies in the loss company; and
(c) the cost base and reduced cost base of direct and indirect debt interests held by group companies in the income company or gain company.
170 - 205 Object of Subdivision
170 - 210 Transfer of tax loss: direct and indirect interests in the loss company
170 - 215 Transfer of tax loss: direct and indirect interests in the income company
170 - 220 Transfer of net capital loss: direct and indirect interests in the loss company
170 - 225 Transfer of net capital loss: direct and indirect interests
in the gain company