Large business alert 3/12

Large business alert 3/12

Consolidation law: changes now before parliament

Tax Laws Amendment (2012 Measures No.2) Bill 2012, which contains changes to the way a consolidated group can deduct the costs allocated to some assets following a corporate acquisition, is now before parliament.

For information on our administrative treatment and what this legislation will mean for you, refer to: Consolidation: Changes to the residual tax cost setting and rights to future income rules.

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Last Modified: Friday, 22 June 2012


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