Consolidation in Focus: Tax Sharing & Tax Contribution Agreements
Published on 26 Nov 2003
| Took place at AAR Seminar Room, Melbourne, VIC
Consolidation effects a fundamental shift in the liability of group members to meet the group's income tax liabilities. The head company of the
group is primarily liable for the group's entire tax bill, and subsidiary entities exposed to potential joint and several liability if the head company defaults.
This presentation explores the issues raised by this new liability regime.