Published on 11 Apr 01
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
This paper discusses Loss Integrity Measures, and focuses on: New and improved continuity of ownership test (COOT); Cost base adjustments on transfer of losses; General Anti-avoidance rule; Prepayments and tax shelters; Non commercial losses; Unrealised losses and changes in ownership.
Stuart is a senior manager in KPMG's Brisbane Tax and Legal Practice and specialises in tax issues associated with SMEs. Stuart has over 12 years experience providing taxation advice across a wide range of industries including information technology, property, construction, manufacturing and utilities.
- Current at
09 July 2004