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[会计] a bit confused about a problem [复制链接]

erax

银靴族

发表于 2009-10-5 20:33 |显示全部楼层

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fact:
Jack was employed and received gross $100000 as salary last financial year, however, he had a small business over that time as well, and the business had a gross loss of $20000
question:is Jack able to offset the loss against the income for last financial year?(if the gross $100000 salary is the total assessable income for jack, regardless of any other income or deductions)