Legislation

ITAA 1997 s 284-80(2) sets out a formula where a shortfall amount may be modified in cases where the head company of a consolidated group makes errors in working out a tax cost-setting amount for an asset, as mentioned in section 705-315

ATO documents that consider ITAA 1997 s 284-80(2) sets out a formula where a shortfall amount may be modified in cases where the head company of a consolidated group makes errors in working out a tax cost-setting amount for an asset, as mentioned in section 705-315

1 document

PS LA 2012/5currentPS LA · 2012

Administration of the false or misleading statement penalty - where there is a shortfall amount