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17 Mar 15 MEC groups: extension of unrealised loss rules

On 16 March 2015 the Commonwealth Treasury released a proposals paper on a possible amendment to improve the integrity of the tax system by extending a modified form of the unrealised loss rules to MEC groups. The proposals paper also includes proposals on selected announced but unenacted measures that the government had referred to the MEC group tripartite review: Multiple entry consolidated groups: Treasury consultation on possible options identified in the MEC group tripartite review.

The Treasury is seeking submissions on the proposals. The closing date for submissions is Monday, 20 April 2015.


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