Published on 25 Aug 06
by WESTERN AUSTRALIAN DIVISION, THE TAX INSTITUTE
The consolidation regime's cost base push-down methodology on a corporate acquisition and the converse cost base pushup approach on a corporate disposal are well understood. However, this paper focusses on the more interesting and less intuitive consolidation implications that can now arise in practice on corporate acquisitions and disposals. If a client’s or a CFO’s mantra is ‘no tax surprises’, you may find this paper very valuable.
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
30 August 2017