Published on 10 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/D72 Income tax: consolidation: capital gains: to which entity does a CGT event happen, and when, if a contract to sell a CGT asset entered into by an entity before it joins a consolidated group as a subsidiary member settles after joining?
INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA
TAXATION INSTITUTE OF AUSTRALIA
CORPORATE TAX ASSOCIATION