Section E: Losses



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

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.
Last modified: 21 Aug 2015QC 44343