Consolidation

Consolidation: rulings and determinations

About tax rulings/determinations produced largely as a result of issues brought to the attention of the Tax Office through the NTLG Consolidation sub-group.

Consolidation: ATO Interpretative Decisions

Consolidation related ATO Interpretative Decisions.

Consolidation reference manual

This manual provides guidance on consolidation for income tax purposes. The latest updates incorporated into the CRM are current at 15 July 2011.

Consolidation: income tax returns and consolidation

This document provides information for head companies and subsidiary members on lodging income tax returns. It includes information on the ATO approach to penalties and interest when returns need to be amended.

Consolidation: notification forms and instructions

This document contains the instructions that will help taxpayers complete the relevant paper notification form or, where available, the relevant online or electronic lodgment service (ELS) screen. Downloadable copies of the forms are provided in the document.

Consolidation: overview

This document provides an introduction to the operation of the consolidation regime including eligibility requirements, potential costs and benefits, reporting and payment, and timing and transitional provisions.

Keeping your Consolidation reference manual up to date

Information about how to update your print version of the Consolidation reference manual and how to keep it up to date.

Notification of a new eligible tier-1 company of a multiple entry consolidated (MEC) group

How to notify us when a new eligible tier-1 company joins a multiple entry consolidated group. NAT 73442.

Notification of continuation of a Multiple Entry Consolidated (MEC) group with a new provisional head company

An MEC group is a group of Australian entities that is wholly foreign-owned and does not have a common Australian resident head company. Form to notify us of continuation of a MEC group with a new provisional head company. NAT 7052.

Notification of conversion to a Multiple Entry Consolidated (MEC) group (special conversion event)

An MEC group is a group of Australian entities that is wholly foreign-owned and does not have a common Australian resident head company. Use this form to notify us of conversion to a multiple entry consolidated (MEC) group. Nat 7026.

Notification of errors in the calculation of tax cost setting amounts for consolidated groups

Use this form to notify the Commissioner of errors identified in the calculation of tax cost setting amounts by the head company. (NAT 71251)

Notification of errors in the calculation of tax cost setting amounts for MEC groups

Use this form to notify the Commissioner of errors identified in the calculation of tax cost setting amounts by the provisional head company. (NAT 71252)

Notification of formation of a Multiple Entry Consolidated (MEC) group

An MEC group is a group of Australian entities that is wholly foreign-owned and does not have a common Australian resident head company. Use this form to notify us of the formation of a multiple entry consolidated (MEC) group. Nat 7024.

Notification of formation of an Income Tax consolidated group

Forming a group - notification by head company. This transaction is used to register a group with us. NAT 6781

Notification of head company no longer eligible: group ceases to exist

Head company no longer eligible: consolidated group ceases to exist. To notify when a head company is no longer eligible and the group ceases to exist, you will need to complete this form. Nat 6783.

Notification of members joining and or leaving the group

Members joining or leaving an existing group.To notify us of members joining or leaving a group, you will need to complete this form. Nat 6782.

Notification of members joining and/or leaving a Multiple Entry Consolidated (MEC) group

An MEC group is a group of Australian entities that is wholly foreign-owned and does not have a common Australian resident head company. Use this form to notify us of members joining and/or leaving a multiple entry consolidated (MEC) group. Nat 7025.

Notification of Provisional Head Company no longer eligible (MEC group)

An MEC group is a group of Australian entities that is wholly foreign-owned and does not have a common Australian resident head company. Form to notify of provisional head company no longer eligible (MEC) group ceases to exist. NAT 7053.

Notification of the continuation of a consolidated group with a new interposed head entity

How to notify us about the continuation of a consolidated group with a new interposed head entity. (NAT 71275)

Rights to future income

How to review your rights to future income and residual tax cost setting claims as a result of the 2012 retrospective legislation.

Simplified imputation: Franking deficit tax liability and franking deficit tax offset - consolidation specific matters

This fact sheet explains the rules to allow franking deficit tax (FDT) to be offset against a liability for income tax in certain specific circumstances.