Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 (92 of 2020)
Schedule 2 Temporary loss carry back
Part 3 Consequential amendments
Income Tax Assessment Act 1997
19 Section 36-25 (at the end of the table dealing with tax losses of corporate tax entities)
Add:
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See also Division 160 (loss carry back tax offset for 2020-21 or 2021-22 for businesses with turnover under $5 billion) |