Document ID: chunk:federal_register_of_legislation:C2025C00029:section:7:p48
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 7 (pt 48/58)
Character Range: 2420283–2423056

165
165‑1 What this Division is about
Subdivision 165‑A—Deducting tax losses of earlier income years
Guide to Subdivision 165‑A
165‑5 What this Subdivision is about
Operative provisions
165‑10 To deduct a tax loss
165‑12 Company must maintain the same owners
165‑13 Alternatively, the company must satisfy the business continuity test
165‑15 The same people must control the voting power, or the company must satisfy the business continuity test
165‑20 When company can deduct part of a tax loss
Subdivision 165‑B—Working out the taxable income and tax loss for the income year of the change
Guide to Subdivision 165‑B
165‑23 What this Subdivision is about
165‑25 Summary of this Subdivision
165‑30 Flow chart showing the application of this Subdivision
When a company must work out its taxable income and tax loss under this Subdivision
165‑35 On a change of ownership, unless the company satisfies the business continuity test
165‑37 Who has more than a 50% stake in the company during a period
165‑40 On a change of control of the voting power in the company, unless the company satisfies the business continuity test
Working out the company's taxable income
165‑45 First, divide the income year into periods
165‑50 Next, calculate the notional loss or notional taxable income for each period
165‑55 How to attribute deductions to periods
165‑60 How to attribute assessable income to periods
165‑65 How to calculate the company's taxable income for the income year
Working out the company's tax loss
165‑70 How to calculate the company's tax loss for the income year
Special rules that apply if the company is in partnership
165‑75 How to calculate the company's notional loss or notional taxable income for a period when the company was a partner
165‑80 How to calculate the company's share of a partnership's notional loss or notional net income for a period if both entities have the same income year
165‑85 How to calculate the company's share of a partnership's notional loss or notional net income for a period if the entities have different income years
165‑90 Company's full year deductions include a share of partnership's full year deductions
Subdivision 165‑CA—Applying net capital losses of earlier income years
Guide to Subdivision 165‑CA
165‑93 What this Subdivision is about
Operative provisions
165‑96 When a company cannot apply a net capital loss
Subdivision 165‑CB—Working out the net capital gain and the net capital loss for the income year of the change
Guide to Subdivision 165‑CB
165‑99 What this Subdivision is about
When a company must work out its net capital gain and net capital loss under this Subdivision
165‑102 On a change of ownership, or of control of voting power, unless the company satisfies the business continuity test
Working out