Accessing Corporate Losses

6 October 2009

Treasury has released an Exposure Draft (‘ED’) of legislation to facilitate access to corporate losses for companies with multiple classes of shares on issue. This Tax Brief examines the strengths and weaknesses of the proposed regime and identifies some issues with the way it is designed to work. For our full Tax Brief - click here

These notes are in summary form designed to alert clients to tax developments of general interest. They are not comprehensive , they are not offered as advice and should not be used to formulate business or other fiscal decisions.

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