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Transferring losses
Published on 16 Apr 02 by VICTORIAN DIVISION, THE TAX INSTITUTE
This seminar paper discusses transferring losses in relation to consolidations, including a focus on: transferring part year losses, special rules for transferred COT losses.
Author profile
Peter Murray CTA-Life
Peter is the leader of the firm’s Tax Division. Peter was previously a Senior Tax Partner at KPMG, with 30 years’ service.
Peter specialises in tax issues impacting listed and privately owned corporate groups and managing tax disputes.
His specific areas of specialisation include corporate group reorganisations, mergers and acquisition, including domestic, inbound and outbound investment, thin captalisation and debt/equity, capital/revenue characterisation, tax consolidation, repatriation of profits, trusts, application of the general anti-avoidance rules (GAAR), and tax risk management and dispute resolution.
More recently Peter has been advising on the tax implications of investing in cryptocurrencies and initial coin offerings.
Peter has been listed in The Best Lawyers in Australia in tax law every year since 2013. He is also a recommended tax lawyer in Australia and a leading tax lawyer in Victoria in Doyle's Guide to the Legal Profession.
He is a Life Member (CTA) of The Tax Institute, Fellow of the Institute of Chartered Accountants in Australia and New Zealand and Member of the Australian Institute of Company Directors.
Peter is currently a member of the ATO General Anti Avoidance Rule (GAAR) Panel and a past President of The Tax Institute.
(Kathy updated for Tax and Innovation Day)
- Current at
24 August 2018
This was presented at Consolidations: Navigating the Detail .
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Individual sessions
Consolidations: introduction and overview
Author(s): Tony STOLAREKMaterials from this session:
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Asset rules
Author(s): Trevor R HUGHESMaterials from this session:
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Transferring losses
Author(s): Peter MURRAYMaterials from this session:
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Using losses in a consolidated group
Author(s): Jeff MayMaterials from this session:
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Foreign issues
Author(s): Damien L LOCKIEMaterials from this session:
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Dealing with the pre-consolidations period
Author(s): Grant CATHROMaterials from this session:
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Accounting implications
Author(s): Duncan R C BAXTERMaterials from this session:
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