Published on 15 Nov 04
by THE TAX INSTITUTE
A joint submission from CPA Australia, the Institute of Chartered Accountants in Australia, the Taxation Institute of Australia, Corporate Tax Association of Australia and Taxpayers Australia regarding Draft Taxation Determination TD 2004/D56 Income tax: consolidation: is an adjustment under section 705-160 of the Income Tax Assessment Act 1997 required where the relevant membership interests are in a chosen transitional entity with losses?
INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA
TAXATION INSTITUTE OF AUSTRALIA
CORPORATE TAX ASSOCIATION