shopping_cart

Your shopping cart is empty

  • Home
  • Leaving a consolidated group – the sting in the tail

Leaving a consolidated group – the sting in the tail

Taxation in Australia | 1 Jun 09
 
Member Price: $22.00
Non Member Price: $28.00

DisclaimerThis material is copyright. Apart from any fair dealing for the purposes of private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

Published on 01 Jun 09 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

The tax consolidation exit rules, which apply when a subsidiary leaves a consolidated group, could be regarded as the “poor cousin” in consolidation. Historically they have received less attention than the provisions dealing with forming or entering a group. This paper considers the application of the exit tax calculations and highlights some anomalies that can catch the unwary. It also looks at alternatives available to a vendor to selling shares in a subsidiary.

Author profile

Hayden Bentley CTA
Hayden is a partner at Deloitte Private, acting for corporate groups, both listed and privately held, and high net worth individuals on a range of structuring and taxation issues. He has advised on complex tax audits and disputes with the ATO on issues such as Div 7A and private company loans, tax consolidation and cross-border restructures. - Current at 23 October 2018
Click here to expand/collapse more articles by Hayden BENTLEY.

 

Copyright Statement
click to expand/collapse