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.
OIL Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
