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Proposed Amendments to The Tax Consolidation Rules - Tax Laws Amendment (2012 Measures No. 2) Bill 2012

Published on 03 May 12 by THE TAX INSTITUTE

The Institute of Chartered Accountants in Australia, The Tax Institute and the Corporate Tax Association (collectively the Joint Bodies) welcome the opportunity to comment on the proposed consolidation amendments contained in Schedule 1 of the Exposure Draft (ED) legislation above in respect of the rights to future income (RTFI) and residual tax cost setting rules (the proposed amendments) and the related Exposure Draft Explanatory Material (EDEM).

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The Tax Institute is Australia's leading professional association and educator in tax, with offices in most major cities. Focusing solely on tax, the Institute provides the best resources, education and networks. Our mission is to equip tax professionals with everything they need to demonstrate the highest level of expertise and increase the advancement of public knowledge and understanding. We are also committed to propelling members into the future and onto the global stage with the introduction of the Chartered Tax Adviser designation.
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