Recouping Tax Losses: Understanding Rules and Applications

Learn how companies and trusts can carry forward tax losses, navigate loss tests, and avoid common pitfalls in practice.

In this session, we cover:

• Company tax losses

  • Continuity of ownership test

  • Same business test

  • Similar business test

• Trust losses

  • Which test to apply

  • Pattern of distribution

  • 50% stake test

  • Control

  • Income injection