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14 Jul 11 Consultation Paper - Improvements to the Company Loss Recoupment Rules

As part of the 2011-12 Budget, the Government announced that it will improve the operation of the company loss recoupment rules by simplifying the continuity of ownership test in certain circumstances and removing some minor technical defects.

Treasury has now released a consultation paper dealing with the proposed changes. The closing date for submissions is Friday, 26 August 2011.


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