Published on 01 Aug 03
by "THE TAX SPECIALIST" JOURNAL ARTICLE
When planning or executing a consolidation you should consider unrealised as well as realised losses. This article deals with the way the 1999 integrity measures in subdivision 165-CC interact with consolidation under subdivision 715-A, which can have an immediate impact. Click here to view part II of this series, which covers the consolidation effect of the other 'terrible twin', subdivision 165-CD.