shopping_cart

Your shopping cart is empty

Tax consolidations for corporate groups–“Getting on board” presentation

Member Price: Free
Non Member Price: $15.00

DisclaimerThis material is copyright. Apart from any fair dealing for the purposes of private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Published on 28 Nov 08 by TASMANIAN DIVISION, THE TAX INSTITUTE

While the tax consolidation regime for corporate groups has now been operating for over 6 years, a large number of privately owned groups and their advisors are not totally familiar with how the regime operates in practice.

This presentation provides practical direction as to the tax implications of a group electing to consolidate, and how to undertake the associated ‘entry' and ‘exit' calculations.

This presentation covers:

  • determining what entities are eligible to join a consolidated group
  • determining how to reset the tax value of assets of an entity that joins a consolidated group
  • reviewing the implications of consolidations on tax losses
  • the implications in respect of pre-CGT intra-group shareholdings and underlying assets
  • addressing the implications when an entity leaves a consolidated group, and
  • key due diligence points relating to the acquisition of companies
  • examples.

Author profiles

Kenneth Spence CTA-Life
Photo of author, Ken SPENCE Ken is a Special Counsel in the Melbourne office of Greenwoods & Herbert Smith Freehills. He has been closely involved for many years in advising Australian and foreign-owned listed companies on M&A transactions and has been extensively involved with both clients and tax professional bodies in relation to all aspects of the tax consolidation regime. Ken is a past President of The Tax Institute. - Current at 23 August 2016
Click here to expand/collapse more articles by Ken SPENCE.
Narelle McBride CTA
Narelle McBride, CTA, is a Managing Director at PwC with over 25 years’ experience advising some of Australia’s largest corporate and privately owned enterprises, comprising varying business structures such as companies, trusts, partnerships and joint ventures. Her clients conduct business across many sectors including retail, property, primary industries and energy and resources. Narelle advises on general income tax matters as well as Australian tax issues associated with restructures, acquisitions and divestments. This extends to planning, due diligence and managing ATO interactions, reviews and disputes. She also advises on internal and external restructures involving debt financing arrangements, rehabilitation projects and closure projects. - Current at 29 January 2026
Click here to expand/collapse more articles by Narelle MCBRIDE.

 

Individual sessions

Tax consolidations for corporate groups–“Getting on board”

Author(s):  Ken SPENCE,  Narelle MCBRIDE

Materials from this session:

Further details about this event:

 

Copyright Statement