Skip to main content
shopping_cart

Your shopping cart is empty

Managing and exiting a tax consolidated group presentation

Published on 23 Apr 09 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

This presentation covers:

  • the single entity rule and what it means for tax reporting
  • how the consolidated tax return is prepared
  • using your tax losses and available fractions
  • what happens when a subsidiary member leaves the group
  • how to calculate the Capital Gain or Loss on exit – the “exit ACA”
  • potential traps in preparing the exit ACA
  • what “clear exit payments” are and how they relate to the TSA
  • how parliament’s proposed changes to tax consolidation may impact your clients.

Author profile:

Ray Beath
Ray is a Director of Holden & Bolster Avenir Pty Ltd and has been a Chartered Accountant in practice for over 30 years. He specialises in providing income tax advice to small and medium enterprises including both listed and non-listed entities. Since the introduction of the tax consolidation regime he has been involved with clients in the formation of tax consolidated groups and their on-going tax compliance issues. During this time he has also had hands on involvement in the tax aspects of acquisitions and disposals of subsidiaries and sub-groups by these clients. Current at 13 February 2009
 
Individual sessions

Further details about this event:

 

Copyright Statement