Income Tax Assessment Act 1997



Division 707 - Losses for head companies when entities become members etc.  

Subdivision 707-B - Can a transferred loss be utilised?  

SECTION 707-200   What this Subdivision is about  

This Subdivision modifies rules about a company maintaining the same ownership to be able to utilise a loss transferred to it under Subdivision 707-A , and specifies what things happening before the transfer are to be taken into account in working out whether the company can utilise the loss.


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