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2008-2019 Local technical and financial reporting alerts Technical Alert

Summary of 2008-2019 Local technical and financial reporting alerts

Owen Carew
Merilyn Gwan
| 9 min read | 20 Dec 2019
Update on loss carry-back provisions Client Alert

The much-discussed loss carry-back provisions were introduced into Parliament yesterday (Wednesday 13 February 2013). These provisions seek to allow a company to carry back losses incurred in the current income year to be offset against taxable income from previous years. This will allow companies to access their tax losses sooner, effectively relieving pressure on businesses operating in today’s patchwork economy.

1 min read | 27 May 2015