s 880-20
In forceSovereign entity’s capital loss from membership interest etc.—loss disregarded
Chapter 4International aspects of income tax
Part 4-5General
Division 880Sovereign entities and activities
880-20 Sovereign entity’s capital loss from membership interest etc.—loss disregarded
Disregard a capital loss of a sovereign entity from a CGT event that happens at a time if, on the assumption that the loss were a capital gain that happened at that time, the capital gain would be disregarded because of section 880‑15.
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