FINANCIAL CORPORATIONS (TRANSFER OF ASSETS AND LIABILITIES) ACT 1993 (ARCHIVE)
SCHEDULE 1
Subdivision 170-A
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Transfer of tax losses from a transferring corporation to a receiving corporation
Conditions for transfer
SECTION 170-60 (ARCHIVE) 170-60 INCOME COMPANY CANNOT TRANSFER TRANSFERRED TAX LOSS
The *income company cannot transfer an amount of a *tax loss transferred to it, or any part of the amount.
TAX LOSSES AND THE INCOME TAX ASSESSMENT ACT 1997
*To find definitions of asterisked terms, see the Dictionary, starting at section 995-1 of the Income Tax Assessment Act 1997 .
SECTION 170-60 (ARCHIVE) 170-60 INCOME COMPANY CANNOT TRANSFER TRANSFERRED TAX LOSS
The *income company cannot transfer an amount of a *tax loss transferred to it, or any part of the amount.
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