Submission by the Taxation Institute of Australia, The Institute of Chartered Accountants in Australia, The Australian Society of CPAs and The Australian Taxpayers' Association in relation to TD1999/D32 & TD 1999/D331. These rulings deal with CGT consequences arising from the transmission of capital losseswithin a corporate group. They deal with a number of matters in respect of which thelegislation itself is silent. The Rulings fill in those gaps by drawing inferences fromprevious explanatory statements. Such an approach is understandable enough as anexpression of the ATO's approach to the provisions.
maintenance