Miscellaneous 2021

Common issues and pitfalls in tax loss preservation and loss carry back

Source: National

Published Date: 18 Oct 2021

 

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This podcast covers:

  • Applying loss carry back " the do's and don'ts " and what we have learned in the first 4 months
  • Continuity of ownership issues
  • The same or similar business test
  • Practical planning opportunities and problems (including whether claiming full expensing and then using loss carry back is an acceptable approach)
  • Aggregated turnover test
  • Board of Taxation review went into detail on this topic, nothing eventuated but it still referred to it.

Details

  • Published By: David W Marks
  • Published On:18 Oct 2021
  • Took place at:MCED, Melbourne & Online

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2021

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