Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-90
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CONSOLIDATED GROUPS
Division 719
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MEC groups
Subdivision 719-F
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Losses
SECTION 719-250
What this Subdivision is about
(a) rules about maintaining the same ownership to be able to utilise a loss; and
(b) rules for working out how much of a loss can be utilised by reference to bundles of losses and their available fractions.
View history note
Hide history noteThis Subdivision modifies the rules about transferring and utilising losses so the rules operate appropriately in relation to MEC groups, taking account of the special characteristics of those groups. The modifications mainly affect:
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