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09 Nov 06 Record retention period for documents relating to losses - TD 2006/D44

This draft Taxation Determination was released on 8 November 2006 for public comment by 8 December 2006. Its full title is "Income tax: should a taxpayer who has incurred a tax loss or made a net capital loss for an income year retain records relevant to the ascertainment of that loss only for the record retention period prescribed under income tax law?" The answer given to that question is No.

For a copy of TD 2006/D44, go here

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