Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf you have more deductions for an income year than you have income, the difference is a tax loss which you may be able to deduct in a later income year.
Table of sections
36-10 How to calculate a tax loss for an income year
36-15 How to deduct tax losses of entities other than corporate tax entities
36-17 How to deduct tax losses of corporate tax entities
36-20 Net exempt income
36-25 Special rules about tax losses