Legislation

ITAA 1997 s 707-327 of the IT(TP)A 1997 were drafted to apply on a loss by loss basis, with each loss being referable to the loss that was transferred under Subdivision 707-A

ATO documents that consider ITAA 1997 s 707-327 of the IT(TP)A 1997 were drafted to apply on a loss by loss basis, with each loss being referable to the loss that was transferred under Subdivision 707-A

1 document

TD 2005/51currentTD · 2005

Income tax: consolidation: can the transferee make more than one choice, under subsection 707-327(4) of the Income Tax (Transitional Provisions) Act 1997, to treat a value donor's loss as being included in another bundle of losses?