Tax Consolidation: Overview

Published on 15 Feb 01 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

This powerpoint presentation consists on an overview of consolidations. It dicusses a number of issues such as: How do you become/cease to be a group?; Can I just use book values?; The end of the present grouping provisions; The end of rollovers; The proposed arms length rule; What happens to intercompany transactions after consolidation?; What happens to goodwill on consolidation?; What transition options are there? Acquiring a new company and commencing to be consolidated, what happens?; Selling a subsidiary and degrouping; How is franking account to be managed under consolidation?

Author profiles

Christopher Catt

Christopher Catt is a Barrister at 5 Selborne Chambers, specialising in all aspects of taxation law. At the Bar, Chris has represented taxpayer clients at all stages of their disputes with the Commissioner, starting with collating and preparing voluntary disclosures, responding to position papers, then challenging amended assessments and debt recovery proceedings brought by the Commissioner through mediation and appeals to the Administrative Appeals Tribunal and Federal Court; and defending claims in the District Court and Supreme Court and negotiating stays of execution of judgments and settlements. - Current at 18 June 2018

More by Christopher CATT

• Share Buy-Backs: Are they still tax effective? seminar paper - 24-March-2004
• Foreign Resident Withholding Provisions seminar paper - 22-July-2003
• Tax Consolidation: Overview - 15-February-2001
• Scrip-for-scrip takeovers and CGT relief - 25-May-2000
• Tax effective share buy-backs - 13-November-1997
• Inside the OECD: Part 5 - Taxing derivatives - 01-June-1997

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Dr James McMillan

Jim is a tax specialist with more than 30 years’ experience. Jim recently completed a Masters of Taxation degree through the University of New South Wales and has a law degree from the University of Adelaide. - Current at 24 October 2014

More by Jim MCMILLAN

• Structuring and restructuring family businesses case studies paper - 23-October-2014
• Understanding trust deed provisions paper - 03-June-2014
• Planning to purchase property in a perfect world paper - 21-February-2014
• "Market value" - important, relevant, critical paper - 07-April-2006
• Financing your Business - International Aspects Case Study - 12-March-2004
• Tax Consolidation: Overview - 15-February-2001
• Dividend stripping - 11-November-1999

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