It is clear that most corporate groups will need to consolidate. The critical decision is when to consolidate and what the implications will be. These case studies concentrate on a cost/benefit analysis of the consolidation decision date and impact on asset values.
Issues covered include:
- when you need to consolidate
- what the critical dates are
- when the transitional concessions run out
- which method - transitional vs ongoing?
- the assets that are affected - goodwill and intangibles, pre CGT assets, retained v reset cost base assets
- what it all means for CGT cost bases, depreciation cost bases and revenue assets
- how to consolidate simple groups of companies.