tax credits in SMSF

Q.Are tax credits transferable,

eg a SMSF in pension phase, holds a IP through installment warrants. The building depreciation tax credits of an IP, are they just 'lost', or can they be transfer to the trustees of the smsf.

Or can they be rolled over to used against eg future contribution tax.
 
An SMSF that has tax credits, e.g. franking credits from (fully franked) dividends, will be able to offset those credits against its tax liability. If the fund is say in pension phase then it will get a refund of those credits - the trustee will already have accounted for those credits in the members balances.
 
Sorry I may have used the wrong termelogy. I didn’t been shares with franking tax credit. I meant depreciation on building
 
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