Published on 18 Nov 05
by THE TAX INSTITUTE
A joint professional body submission to the ATO in relation to TD 2005/D45: consolidation: losses: when a company that joins an existing MEC group is an eligible tier-1 company, do prior group losses of the head company of that group become subject to the loss utilisation rules in subdivision 707-C of the Income Tax Assessment Act 1997?
NATIONAL INSTITUTE OF ACCOUNTANTS
TAXATION INSTITUTE OF AUSTRALIA