This section deals with all losses claimed for 2014–15. Do not show cents for any amount you write at this section on the fund tax return.
Complete a Losses schedule 2015 and attach it to the tax return if the fund has:
- a combined total for tax losses and net capital losses carried forward to 2015–16 of greater than $100,000,
- an interest in a controlled foreign company (CFC) that has current year CFC losses greater than $100,000, or
- an interest in a CFC that has deducted or carried forward a loss to later income years greater than $100,000.