No, cannot. The ATO is very clear on tax losses and it must be a company that takes over and runs a business that is substantially the same. The days of just transferring losses are well and truly over as far as I know.
A company satisfies the same business test if throughout the *same business test period it carries on the same *business as it carried on immediately before the *test time.
Ann: Chairman's Address to Shareholders, page-59
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OIL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $167.0M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 20.0¢ | $30.16K | 146.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57046 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 44439 | 4 |
View Market Depth
| Last trade - 14.56pm 06/08/2024 (20 minute delay) ? |
| OIL (ASX) Chart |