Anti avoidance rules anti avoidance rules qualified

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Anti-avoidance rules Anti-avoidance rules Qualified person rules (s 207-145(1)(a)) Franking benefit scheme rules (s 177EA) Imputation benefit streaming rules (Subdiv 204- D) Capital benefit streaming and substitution rules  (s 45C ITAA36) Dividend stripping rules (s 207-145(1)(d)) Exempting entity rules (Div 208)
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Anti-avoidance rules designed to prevent  trafficking in corporate tax losses (Div 165  ITAA97) In order to be able to carry forward tax losses,  companies are required to either:  satisfy a “continuity of ownership test” (COT) (s  165-12 ) , or pass a “same business test” (SBT) (s 165-13) Companies must calculate their taxable income  in a special way where COT or SBT not  satisfied (Subdiv 165-B) Foundations of Taxation Law [¶23.13] © CCH Australia Limited Corporate tax losses Corporate tax losses
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