Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES

PART 3-5 - CORPORATE TAXPAYERS AND CORPORATE DISTRIBUTIONS

Division 195 - Special types of company

Subdivision 195-A - Pooled development funds (PDFs)

Guide to Subdivision 195-A

SECTION 195-1 What this Subdivision is about

This Subdivision contains rules about the income tax treatment of:

• pooled development funds (PDFs)

• shares in PDFs.

TABLE OF SECTIONS

**TABLE OF SECTIONS**
Working out a PDF ' s taxable income and tax loss
195-5	Deductibility of PDF tax losses
195-10	PDF cannot transfer tax loss
195-15	Tax loss for year in which company becomes a PDF
Working out a PDF ' s net capital gain and net capital loss
195-25	Applying a PDF ' s net capital losses
195-30	PDF cannot transfer net capital loss
195-35	Net capital loss for year in which company becomes a PDF
Working out a PDF ' s loss carry back tax offset
195-37	PDF cannot carry back tax loss

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