36‑30 What this Subdivision is about36‑30 What this Subdivision is about

#### 36‑30 What this Subdivision is about After you become bankrupt, you cannot deduct a tax loss that you incurred beforehand. However, you may be able to deduct repayments of debts you incurred in the loss year. Table of sections Operative provisions 36‑35 No deduction for tax loss incurred before bankruptcy 36‑40 Deduction for amounts paid for debts incurred before bankruptcy 36‑45 Limit on deductions for amounts paid