Loss companies owned by trusts
Published on 10 Oct 2000
| Took place at Menzies Hotel, Sydney
Where a taxpayer incurs a loss in a year of income the taxpayer may generally carry forward the loss for deduction in a later year of income. In the case of companies with tax losses, there are tests to be met before deductibility of the loss in a subsequent year is allowed. This seminar outlines these tests.