"ATO would have to pay much more out in Unit holders and shareholders by way of increased tax refunds on all the forced losses than the present $50 mil owed..wouldnt they?"
Capital losses get rolled forward unless they can offset capital gains, or if trading, trading gains. So really no loss for the ATO.
OCV
octaviar limited
"ATO would have to pay much more out in Unit holders and...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)