Commentary

D2.441 Assets that are referable to pre-entry assets

Corporate tax
Corporate tax | Commentary

D2.441 Assets that are referable to pre-entry assets

Corporate tax | Commentary

D2.441 Assets that are referable to pre-entry assets

The rules in this article were repealed in relation to the set off of pre-entry losses on or after 19 July 2011, subject to transitional rules (see D2.414). Prior to 19 July 2011, the rules in this article applied only where the loss buying rules (D2.402–D2.406) did not apply (ie where there was no arrangement for avoiding tax, eg on a merger or takeover).

If all or part of a pooled asset is referable to a pre-entry asset, the special rules relating to disposals of pooled assets apply1.

All or part of a pooled

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