Published on 26 Aug 09
by THE TAX INSTITUTE
The proposed relief will greatly assist merging funds which would otherwise face the loss of potential benefits from realised and unrealised losses on their investments. The Taxation Institute welcomes the extension of the relief to revenue losses, and to situations where Pooled Superannuation Trusts (PST) and life company investments are held by merging funds or their successor funds.
TAXATION INSTITUTE OF AUSTRALIA
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