This unit is designed to explore some of the fundamental issues surrounding the income tax consolidation regime in Australia. This is a complex area of Australian tax law and one that all tax professionals with corporate clients must fully understand. You will be introduced to the regime and how to apply the key rules in straightforward scenarios, which you can build on as you progress through your career.
After completing this unit, you will be able to provide initial basic advice to your clients and understand when more specialised advice is required. You will also have a solid foundational understanding of one of the more complex areas of the Australian income tax law.