if you carry on a business, you can claim a tax loss
but in your case, as you have no idea, you sounds very much like you are simply an investor
if so, you have made a CGT loss
in the case of a CGT loss, follow Abu's link
the income year in which you lodge the CGT loss is the year the liquidator sends you a letter declaring the return you will receive on your investment, which in VCR's case i assume was nil
you cannot use your CGT loss to offset your ordinary income from wages, interest, etc
your CGT loss can only be used to offset a CGT gain
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ventracor limited
if you carry on a business, you can claim a tax lossbut in your...
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