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Session 5.2: Winning ways to keep your losses

With Sarah Saville, ATI, PwC

This detailed technical session will cover the intricacies of the loss recoupment rules in Divisions 165, 166 and 707, including the interactions between the continuity of ownership, same business and similar business tests within the consolidation regime in Division 707, including:

  •  A discussion of how the similar business test differs from the same business test;
  •  The intricacies in calculating, modifying and applying available fractions; and
  •  Identifying the boundaries around the new business and new transactions tests.
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