Document ID: chunk:federal_register_of_legislation:C2007A00078:clause:8_104
Version: federal_register_of_legislation:C2007A00078
Segment Type: clause
Provision Reference: sch 8 cl 104
Character Range: 64198–64715

104  Section 36‑25 (table headed "Tax losses of VCLPs, AFOFs and VCMPs")
Omit the table, substitute:

Tax losses of VCLPs, ESVCLPs, AFOFs and VCMPs

Item  For the special rules about this situation ...                                                                                                                       See:
1.    A limited partnership that has a tax loss becomes a VCLP, an ESVCLP, an AFOF or a VCMP: it cannot deduct the loss while it is a VCLP, an ESVCLP, an AFOF or a VCMP.  Subdivision 195‑B