90‑25 Entitlement after amalgamation to

90‑25 Entitlement after amalgamation to input tax credits for amalgamating company’s acquisitions

(1) An *amalgamated company is entitled to the input tax credit for a *creditable acquisition if: (a) apart from the*amalgamation, any of the *amalgamating companies would have been entitled to the input tax credit; and (b) the input tax credit was not attributable, before the amalgamation, to a tax period applying to the amalgamating company. (2) This section has effect despite section 11‑20 (which is about who is entitled to input tax credits).