Treasury Laws Amendment (Tax Reform No. 2) Act 2026 (71 of 2026)
Schedule 1 Loss carry back tax offset
Part 2 Other amendments
Income Tax Assessment Act 1997
3 Section 36-17 (note 2)
Repeal the note, substitute:
Note 2: A corporate tax entity may also be able to carry a loss back to an earlier income year: see Division 160.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
