SPECIALIST LIABILITY RULES
CORPORATE TAXPAYERS AND CORPORATE DISTRIBUTIONS
Special types of company
Tax losses cannot be carried back to before ceasing to be a VCLP, an ESVCLP, an AFOF or a VCMP
A *limited partnership
s *tax loss for a *loss year cannot be *carried back to an income year during which the partnership was a *VCLP, an *ESVCLP, an *AFOF or a *VCMP.