Document ID: chunk:federal_register_of_legislation:C2010C00685:clause:5_10:p2
Version: federal_register_of_legislation:C2010C00685
Segment Type: clause
Provision Reference: sch 5 cl 10 (pt 2/2)
Character Range: 96509–97086

amounts by which deductions are reversed total the assessable amount (unless all the deductions have been reversed);
 (b) a deduction for an income year is not reversed until all deductions for earlier income years have been reversed;
 (c) a deduction is not reversed in the assessment year to the extent that it has already been reversed in an earlier year;
 (d) if each of 2 or more entities can deduct an amount for the loss or outgoing for the same income year, those deductions are reversed in the assessment year by amounts proportionate to the amounts of the deductions.