Show at V the total of any unapplied net capital losses from collectables and unapplied net capital losses from all other CGT assets and events. If this item applies to the fund, you must refer to the Guide to capital gains tax 2013 to complete this item. It also explains the special CGT rules that apply to foreign residents and trustees of foreign trusts.
This information is calculated or transferred from:
- 3B in Table 5 and 3A in Table 9 of the CGT summary worksheet
- A and B in Item 3 of the CGT schedule, if one is required.
If the fund is required to complete a Losses schedule 2013 the amount shown at V Net capital losses carried forward to later income years item 2 in part A of that schedule must be the same as the amount written at V on the tax return.