ITAA 1997 s 719-5

Lodgment obligations, due dates and deferrals

Consolidation: MEC group - appointment of a replacement provisional head company - MEC group reduced to a single eligible tier-1 company

Consolidation: membership - transitional foreign-held subsidiary acquires a wholly-owned subsidiary after formation

Functional Currency Choice: A subsidiary member within a tax consolidated group cannot use a currency that is different from the 'applicable functional currency' chosen by the head company of that tax consolidated group, for the purposes of working out the head company's taxable income or tax loss

Income tax: consolidation: can the head company of a multiple entry consolidated group claim a deduction under section 8-1 of the Income Tax Assessment Act 1997 for interest paid on funds borrowed from outside the group by it or a subsidiary member to buy shares in an existing eligible tier-1 company of the group?