Hi Stencorp
if he was to pay CGT (cap gains tax) of $100m on Macarthur by selling $200m
then he can offset (claim) against his loss of $100m on sale on INP
assuming those fig. if they were both made w'in 07/08 Fin yr
Obviously those fig. r incorrect but an illustration
HOWEVER, see your Accountant or Tax agent for more details..