Legislation

ITAA 1997 s 719-300(2) and 719-300(3) involve a new eligible tier-1 company that had, immediately before becoming an eligible tier-1 company, been a member of the MEC (multiple entry consolidated) or consolidated group, those events will be events that are covered by subsection 707-325(4)

ATO documents that consider ITAA 1997 s 719-300(2) and 719-300(3) involve a new eligible tier-1 company that had, immediately before becoming an eligible tier-1 company, been a member of the MEC (multiple entry consolidated) or consolidated group, those events will be events that are covered by subsection 707-325(4)

1 document

TD 2005/D46 (Withdrawn)withdrawnTD · 2005

Income tax: consolidation: losses: can item 4 in the table in subsection 707-320(2) of the Income Tax Assessment Act 1997 apply to reduce or maintain the available fractions of bundles of losses of the ongoing head company where an application event is covered by one of the exceptions in section 719-300 of the Income Tax Assessment Act 1997?