Miscellaneous 2009

Less than the sum of the parts: Tax losses of consolidated groups

Source: National

Published Date: 1 May 2009

 

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This paper focuses on the problems that continue to affect tax losses of consolidated groups including:

  • quirks in the loss transfer tests
  • unrealised losses, RUNLs and LDPs - what's that all about?
  • the "same business test" and the entry/exit history rules
  • identifying the business of a consolidated group
  • calculating and re-calculating "available fractions"
  • the extra tests for re-transferred losses.

Individual Session

Less than the sum of the parts: Tax losses of consolidated groups

Author(s): Duncan R C Baxter

Details

  • Published By: Duncan R C Baxter
  • Published On:1 May 2009
  • Took place at:Sheraton on the Park, Sydney

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced 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.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2009

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