s 842-235
In forcePre‑2012 IMR capital loss
Chapter 4International aspects of income tax
Part 4-5General
Division 842Exempt Australian source income and gains of foreign residents
Subdivision 842-IInvestment manager regime
842-235 Pre‑2012 IMR capital loss
The pre‑2012 IMR capital loss of an IMR foreign fund for an income year is the sum of the fund’s capital losses made in the income year that are attributable to CGT assets that are financial arrangements covered by section 842‑245 of the Income Tax Assessment Act 1997.
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