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28 Jun 10 Discussion Paper - Improvements to the calculation and collection of income tax liabilities from consolidated groups

On 11 May 2010, the Assistant Treasurer, Senator Nick Sherry, announced in media release No 2010/091, that the Government would amend the income tax law to improve the operation of rules relating to the calculation and collection of income tax liabilities from consolidated groups and multiple entry consolidated groups (MEC groups). On 25 June 2010, Treasury released a Discussion Paper entitled "Improvements to the calculation and collection of income tax liabilities from consolidated groups".

The closing date for submissions is Friday, 6 August 2010.

 


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