Income Tax Assessment Act 1997



Division 195 - Special types of company  

Subdivision 195-A - Pooled development funds (PDFs)  

Working out a PDF's net capital gain and net capital loss

SECTION 195-30   195-30   PDF cannot transfer net capital loss  

If a company is a *PDF at the end of an income year for which it has a *net capital loss, it cannot transfer any amount of the loss under Subdivision 170-B (which is about the transfer of net capital losses within certain wholly-owned groups of companies).


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