This presentation covers:
- defining the joining time - effective date vs. contract date vs. settlement
- notifying the Tax Office
- issues when dealing with stub tax returns
- things to consider before forming or acquiring a tax group including triggering capital gains
- buying loss companies and what you need to know about transferring losses into a tax consolidated group
- how to tackle a Tax Sharing Agreement (TSA) and its implications
- potential traps in setting ACAs and available fractions
- tips for cost effective market valuations
- how partnerships and trusts are consolidated
- checklist of paperwork, record keeping and lodgment requirements.