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Part C – Detailed information

31 January 2017

Currency date is as specified. Sections will no longer be updated.

C1 – Eligibility

Currency date is as specified. Sections will no longer be updated.

C1 - Eligibility sections

Section

Title

Currency date

C1-0 (PDF, 7.37KB)This link will download a file

About this section

2 December 2002

C1-1 (PDF, 141.7KB)This link will download a file

Eligibility tests and rules

26 October 2005

C1-2 (PDF, 71.9KB)This link will download a file

Business structures and eligibility

26 October 2005

C2 – Assets

Currency date is as specified. Sections will no longer be updated.

C2: Assets

Section

Title

Currency date

C2-0 (PDF, 39KB)This link will download a file

About this section

6 May 2011

C2.1: Treatment of assets

Treatment of assets

Section

Title

Currency date

C2-1 (PDF, 23.6KB)This link will download a file

Treatment of assets

6 May 2011

Treatment of assets sections

Section

Title

Currency date

C2-1-010 (PDF, 74.3KB)This link will download a file

Overview of cost setting process on formation and entry (including transitional rules)

6 May 2011

C2-1-020 (PDF, 113.92KB)This link will download a file

Calculating the entry ACA (step A)

6 May 2011

C2-1-030 (PDF, 75.16KB)This link will download a file

Allocating the entry ACA (steps B to E)

6 May 2011

C2-1-040 (PDF, 65.54KB)This link will download a file

Modifications to entry cost setting rules

6 May 2011

C2-1-050 (PDF, 45.8KB)This link will download a file

Dealing with errors in TCSAs and changes in liabilities when discharged

6 May 2011

C2-1-060 (PDF, 73.66KB)This link will download a file

Cost setting on exit

6 May 2011

C2-1-070 (PDF, 102.37KB)This link will download a file

Treatment of special classes of assets

15 July 2011

C2-1-080

Treatment of assets relating to straddle contracts

Withdrawn 6 May 2011

C2-1-310 (PDF, 93.51KB)This link will download a file

Linked assets and liabilities

6 May 2011

C2-1-410 (PDF, 50KB)This link will download a file

CGT events arising out of the cost setting rules

6 May 2011

C2-2: High-level worked examples

Cost setting on entry

Section

Title

Currency date

C2-2-110 (PDF, 137.74KB)This link will download a file

The cost setting process on entry

6 May 2011

C2-2-120 (PDF, 151.48KB)This link will download a file

Consolidated group joins another consolidated group

6 May 2011

C2-2-130 (PDF, 47.74KB)This link will download a file

Linked entities join a consolidated group

28 May 2003

C2-2-140 (PDF, 56.28KB)This link will download a file

A trust joins a consolidated group

28 February 2008

C2-2-150 (PDF, 39.35KB)This link will download a file

Partnership - all partners join consolidated group

14 July 2004

C2-2-155 (PDF, 87.49KB)This link will download a file

Partnership - not all partners join consolidated group

6 May 2011

Cost setting on exit

Section

Title

Currency date

C2-2-210 (PDF, 74.83KB)This link will download a file

The cost setting process on exit

6 May 2011

C2-3: Worksheets

Worksheet sections

Section

Title

Currency date

C2-3-110 (PDF, 45.18KB)This link will download a file

Entry ACA worksheet

6 May 2011

C2-3-210 (PDF, 31.03KB)This link will download a file

Over-depreciation worksheet

6 May 2011

C2-4: Worked examples (cost setting on entry)

General

Section

Title

Currency date

C2-4-105 (PDF, 52.86KB)This link will download a file

Transitional entities and chosen transitional entities

16 December 2005

Entry step A (ACA calculation)

Section

Title

Currency date

C2-4-205 (PDF, 61.1KB)This link will download a file

Calculating the ACA for non-chosen subsidiary partly held by chosen transitional entity

6 May 2011

C2-4-220 (PDF, 40.53KB)This link will download a file

Amount to be used as cost for membership interests (ACA step 1)

15 November 2006

C2-4-240 (PDF, 31.14KB)This link will download a file

Reduction for intragroup liabilities on entry (in ACA step 2)

28 February 2008

C2-4-241 (PDF, 30.96KB)This link will download a file

Adjustment for employee shares (in ACA step 2)

2 December 2002

C2-4-242 (PDF, 78.75KB)This link will download a file

Determining the amount of a deferred tax liability to be used at ACA step 2, including use of administrative short cuts

6 May 2011

C2-4-245 (PDF, 146.88KB)This link will download a file

Adjustment at ACA step 2 to allow for timing differences between accounting and tax recognition of liabilities

6 May 2011

C2-4-246

CGT event L7 and reconstruction of the ACA

Withdrawn 6 May 2011

C2-4-260 (PDF, 105.9KB)This link will download a file

Estimating undistributed, frankable profits accruing to group before joining time (ACA step 3)

6 May 2011

C2-4-261 (PDF, 68.54KB)This link will download a file

Determining undistributed, taxed (frankable) profits accrued to group before joining time (ACA step 3)

6 May 2011

C2-4-270 (PDF, 130.32KB)This link will download a file

Pre-joining time rollover from foreign-resident company or a company that becomes the head company (ACA step 3A)

6 May 2011

C2-4-280 (PDF, 37.37KB)This link will download a file

Adjustment at formation for distributions of profits to head company (ACA step 4)

26 October 2005

C2-4-300 (PDF, 42.59KB)This link will download a file

Adjustments for losses (ACA steps 5 and 6)

30 June 2009

C2-4-340 (PDF, 50.87KB)This link will download a file

Adjustment for certain inherited deductions (ACA step 7)

6 May 2011

Entry step B (allocate to retained cost base assets)

Section

Title

Currency date

C2-4-410 (PDF, 16.3KB)This link will download a file

Tax cost setting amount for retained cost base assets - entitlement to pre-paid services

6 May 2011

Entry step C (allocate to reset cost base assets)

Section

Title

Currency date

C2-4-520 (PDF, 33.16KB)This link will download a file

Tax cost setting amount for goodwill

26 June 2007

C2-4-530 (PDF, 46.07KB)This link will download a file

Reduction for revenue-like assets (step C)

26 October 2005

C2-4-540 (PDF, 40341KB)This link will download a file

Adjustment for ACA allocation at formation to membership interests in subsidiaries with owned profits (step C)

26 October 2005

Entry step D (adjust for over-depreciated assets)

Section

Title

Currency date

C2-4-605 (PDF, 22.09KB)This link will download a file

Reduction for privatised depreciating assets (at step D)

11 March 2005

C2-4-610 (PDF, 56.72KB)This link will download a file

Reduction for over-depreciated assets (step D)

6 May 2011

C2-4-640 (PDF, 154.4KB)This link will download a file

Reduction for over-depreciated assets (step D) - administrative short cuts

6 May 2011

Entry step E (adjust for certain revenue-like assets)

Section

Title

Currency date

C2-4-710 (PDF, 66.13KB)This link will download a file

Limiting the tax cost setting amounts of revenue-like assets (step E)

6 May 2011

Pre-CGT assets on entry

Section

Title

Curency date

C2-4-810 (PDF, 59.33KB)This link will download a file

Pre-CGT factor for assets of a joining entity

15 July 2011

C2-4-813 (PDF, 62.19KB)This link will download a file

Pre-CGT status of membership interests in a joining entity - pre-CGT proportion rules

6 May 2011

C2-4-820 (PDF, 36.42KB)This link will download a file

Pre-CGT factor for assets where subsidiary has membership interests in another member - formation before 10 February 2010

6 May 2011

C2-4-855 (PDF, 39.63KB)This link will download a file

Applying the continuing majority-owned entity test to multi-tiered structures

26 October 2005

C2-5: Worked examples (cost setting on exit)

Entry step A (ACA calculation)

Section

Title

Currency date

C2-5-220 (PDF, 38.29KB)This link will download a file

Increase for certain privatised depreciating assets (at exit ACA step 1)

6 May 2011

C2-5-240 (PDF, 48.9KB)This link will download a file

Adjustment for certain inherited deductions (exit ACA step 2)

6 May 2011

C2-5-260 (PDF, 39.11KB)This link will download a file

Adjustment for intragroup liabilities owed to a leaving entity on exit (in exit ACA step 3)

6 May 2011

Pre-CGT assets on exit

Section

Title

Currency date

C2-5-710 (PDF, 60.65KB)This link will download a file

Pre-CGT membership interests in a leaving entity (with pre-CGT factor attached to assets)

6 May 2011

C2-5-713 (PDF, 55.75KB)This link will download a file

Pre-CGT membership interests in a leaving entity - per-CGT proportion rules

6 May 2011

C2-5-715 (PDF, 62.08KB)This link will download a file

Calculating pre-CGT membership interests in a multiple exit case (with pre-CGT factor attached to assets)

6 May 2011

C2-5-720 (PDF, 81.16KB)This link will download a file

Consolidated and MEC groups - CGT rollover relief

6 May 2011

Internally generated assets

Section

Title

Currency date

C2-5-810 (PDF, 23.51KB)This link will download a file

Continuing majority-owned entity and internally generated assets

2 December 2002

C2-6: Loss integrity measures and general value shifting regime

Loss integrity measures and general value shifting regime sections

Section

Title

Currency date

C2-6-110 (PDF, 33.05KB)This link will download a file

Effect of Subdivision 165-CC for steps one and two of the ACA calculation at formation and joining times

28 May 2003

C2-6-120 (PDF, 33.75KB)This link will download a file

Effect of Subdivision 165-CC where an entity leaves a consolidated group

28 May 2003

C2-6-130 (PDF, 48.87KB)This link will download a file

Effect of Subdivision 165-CD for consolidated groups

6 May 2011

C2-6-140 (PDF, 29.84KB)This link will download a file

Effect of Subdivision 165-CC for MEC groups

28 May 2003

C2-6-150 (PDF, 32.42KB)This link will download a file

Effect of Subdivision 165-CD for MEC groups

28 May 2003

C2-6-155 (PDF, 66.29KB)This link will download a file

Subdivision 165-CD widely held company concession for an eligible tier-1 company that is a head company of a consolidated or MEC group

6 May 2011

C2-6-160 (PDF, 52.65KB)This link will download a file

Application of the loss reduction method to consolidated and MEC groups

6 May 2011

C2-6-170 (PDF, 32.05KB)This link will download a file

General value shifting regime (GVSR)

28 May 2003

Worked examples

Section

Title

Currency date

C2-6-510 (PDF, 34.08KB)This link will download a file

Formation time treatment of assets head company owns from a pre-consolidation changeover time

28 May 2003

C2-6-520 (PDF, 41.33KB)This link will download a file

Pre-formation changeover times - application of Subdivision 165-CC at formation (transitional period)

28 May 2003

C2-6-530 (PDF, 41.32KB)This link will download a file

Treatment of assets owned by head company at both formation time and pre-consolidation changeover time (no changeover time at formation)

28 May 2003

C2-6-540 (PDF, 33.67KB)This link will download a file

All assets in head company's loss denial pool become assets of leaving entity

28 May 2003

C3 – Losses

Currency date is as specified. Sections will no longer be updated.

C3: Losses

Section

Title

Currency date

C3-0 (PDF, 41.68KB)This link will download a file

About this section

15 April 2010

C3.1: Treatment of losses

Treatment of losses

Section

Title

Currency date

C3-1 (PDF, 99.79KB)This link will download a file

Treatment of losses

15 April 2010

C3-2: High-level worked example

Section

Title

Currency date

C3-2-110 (PDF, 41.49KB)This link will download a file

Consolidation loss provisions

2 December 2002

C3-3: Worked examples (loss transfer)

Establishing the unutilised loss

Section

Title

Currency date

C3-3-105 (PDF, 35.59KB)This link will download a file

Utilising loss in non-membership period - non-membership period is taken to include joining time

28 May 2003

C3-3-110 (PDF, 31.66KB)This link will download a file

Establishing unutilised loss at transfer time - single joining time and prior year loss case

2 December 2002

C3-3-120 (PDF, 30.41KB)This link will download a file

Establishing unutilised loss at transfer time - multiple joining times and prior year and current year loss case

28 May 2003

Transfer testing

Section

Title

Currency date

C3-3-210 (PDF, 29.56KB)This link will download a file

Transfer testing where no ownership or control failure - single joining time and joining year loss case

28 May 2003

C3-3-220 (PDF, 33.07KB)This link will download a file

Transfer testing where ownership or control failed - single joining time and pre-1 July 1999 year loss case

5 April 2004

C3-3-230 (PDF, 26.61KB)This link will download a file

Transfer testing with modified same business test - where ownership or control failed before trial year but after loss year

5 April 2004

C3-3-240 (PDF, 26.59KB)This link will download a file

Transfer testing with modified same business test - where ownership or control failure in trial year but after loss year

12 May 2004

C3-3-245 (PDF, 29.4KB)This link will download a file

Transfer testing with modified same business test - where head company transfers losses to itself

12 May 2004

C3-3-246 (PDF, 62.22KB)This link will download a file

Transfer testing with modified same business test - acquisition of another consolidated group

27 January 2005

C3-3-250 (PDF, 38.12KB)This link will download a file

Additional test for second or subsequent transfer of a loss previously transferred because the SBT was passed

5 April 2004

C3-3-260 (PDF, 44.12KB)This link will download a file

Transfer testing where Subdivision 165-CC applies to a net capital loss that is unutilised at the joining time

28 May 2003

C3-3-270 (PDF, 50.53KB)This link will download a file

Transfer testing where control or ownership failure and a change in business within the non-membership period

3 November 2004

C3-4: Worked examples (loss utilisation)

Calculating the available fraction

Section

Title

Currency date

C3-4-110 (PDF, 29.22KB)This link will download a file

Modified market value of a single joining entity

2 December 2002

C3-4-120 (PDF, 46.87KB)This link will download a file

Calculating an available fraction - losses transferred for the first time where there has been a pre-joining injection of capital

26 October 2005

Applying the value donor concession

Section

Title

Currency date

C3-4-210 (PDF, 31.69KB)This link will download a file

Adding to modified market value to reflect loss transferability

2 December 2002

C3-4-220 (PDF, 40.39KB)This link will download a file

Including value donor's losses in real loss-maker's bundle

2 December 2002

C3-4-230 (PDF, 37.59KB)This link will download a file

Adding to modified market value to reflect loss transferability - loss made for an income year ending just before the initial transfer time

28 May 2003

C3-4-240 (PDF, 50.88KB)This link will download a file

Adding to modified market value to reflect loss transferability - bundle includes foreign loss

10 December 2004

C3-4-250 (PDF, 63.43KB)This link will download a file

Modified market value is nil where company has negative net assets

3 December 2003

C3-4-255 (PDF, 52.86KB)This link will download a file

Donating a value donor's loss where modified market value is added to the value donor (in the capacity of a real loss-maker)

16 December 2005

C3-4-256 (PDF, 59.2KB)This link will download a file

Losses transferred from members that are in liquidation can be used as basis for value and loss donation

12 September 2006

C3-4-260 (PDF, 54.37KB)This link will download a file

Group waiver rule - disregarding reductions to modified market value caused by intragroup injections of capital

12 September 2006

C3-4-270 (PDF, 54.1KB)This link will download a file

Single waiver rule - disregarding a reduction to modified market value caused by an injection of capital from a value donor

27 January 2005

Adjusting the available fraction

Section

Title

Currency date

C3-4-310 (PDF, 60.59KB)This link will download a file

Adjusting available fraction - previously transferred losses are transferred again

2 December 2002

C3-4-320 (PDF, 100.42KB)This link will download a file

Adjusting available fraction - transferred losses and group losses are transferred at the same time

2 December 2002

C3-4-330 (PDF, 56.65KB)This link will download a file

Adjusting available fraction - another loss entity joins the group

2 December 2002

C3-4-340 (PDF, 43.81KB)This link will download a file

Adjusting the available fraction - post-consolidation events that increase market value of group

6 April 2006

C3-4-341 (PDF, 43.06KB)This link will download a file

Adjusting available fraction - post-consolidation injection of capital into subsidiary member

6 April 2006

C3-4-342 (PDF, 62.26KB)This link will download a file

Adjusting available fraction - post-consolidation injection of capital where head company issues shares in scrip for scrip merger

6 April 2006

C3-4-343 (PDF, 54.28KB)This link will download a file

Adjusting available fraction - multiple adjustments under a scrip for scrip acquisition

15 April 2010

C3-4-350 (PDF, 28.57KB)This link will download a file

Adjusting available fraction - sum of available fractions is more than one

2 December 2002

Amount that can be utilised

Section

Title

Currency date

C3-4-410 (PDF, 34.39KB)This link will download a file

Amount of transferred losses that can be utilised

2 December 2002

C3-4-415 (PDF, 40.14KB)This link will download a file

Amount of transferred losses that can be utilised - franking offsets

23 April 2004

C3-4-416 (PDF, 31.27KB)This link will download a file

Amount of transferred losses that can be utilised - application of paragraph 36-17(5)(a)

10 December 2004

C3-4-417 (PDF, 33.08KB)This link will download a file

Amount of transferred losses that can be utilised - application of paragraph 36-17(5)(b)

10 December 2004

C3-4-420 (PDF, 34.81KB)This link will download a file

Amount of transferred losses that can be utilised - exempt income

2 December 2002

C3-4-430 (PDF, 26.83KB)This link will download a file

Amount of losses that can be utilised - transferred tax losses utilised before group tax losses

10 December 2004

C3-4-440 (PDF, 30.2KB)This link will download a file

Determining if a transferred loss can be utilised - COT transfer case

3 December 2003

C3-4-450 (PDF, 47.78KB)This link will download a file

Cessation of a consolidated group - application of the SBT to the former head company

26 June 2007

Utilisation - special circumstances

Section

Title

Currency date

C3-4-510 (PDF, 66.52KB)This link will download a file

Transferred loss utilisation using value donor concession with transferred foreign losses

26 October 2005

C3-4-520 (PDF, 20.51KB)This link will download a file

Concessional method for utilising transferred losses

2 December 2002

C3-4-525 (PDF, 38.5KB)This link will download a file

Concessional method for utilising transferred losses - consolidation part-way through income year

26 October 2005

C3-4-530 (PDF, 34.78KB)This link will download a file

Utilisation of transferred losses using both concessional and available fraction methods

2 December 2002

C3-4-540 (PDF, 28.91KB)This link will download a file

Amount of CGT event L1 capital loss that can be utilised

2 December 2002

C3-4-550 (PDF, 50.08KB)This link will download a file

Transitional foreign loss makers

26 October 2005

C3-4-560 (PDF, 44.84KB)This link will download a file

Amount of transferred losses that can be utilised - foreign loss component of a tax loss

30 June 2009

C3-4-570 (PDF, 39.17KB)This link will download a file

Transfer and utilisation of a tax loss with a foreign loss component where the loss maker joins part-way through the head company's income year

15 April 2010

Apportioning use of transferred losses

Section

Title

Currency date

C3-4-610 (PDF, 59.25KB)This link will download a file

Apportioning the use of transferred losses

2 December 2002

C3-4-620 (PDF, 34.86KB)This link will download a file

Apportioning the use of the head company's own losses

28 May 2003

C3-4-630 (PDF, 43.05KB)This link will download a file

Apportioning the use of transferred losses in formation year

10 December 2004

Transfer of losses to Australian branch of a foreign bank

Section

Title

Currency date

C3-4-710 (PDF, 31.28KB)This link will download a file

Transfer of tax losses from head company of consolidated group to Australian branch of a foreign bank

28 May 2003

C3-5: Transfer of tax losses under Subdivision 170-A - consolidation part-way through the head company's income year

C3-5 sections

Section

Title

Currency date

C3-5 (PDF, 33.21KB)This link will download a file

Transfer of tax losses under Subdivision 170-A - consolidation part-way through the head company's income year

2 October 2003

C3-5-110 (PDF, 41.39KB)This link will download a file

Transfer of subsidiary member tax losses under Subdivision 170-A - consolidation part-way through the head company's income year

2 October 2003

C3-5-120 (PDF, 43.52KB)This link will download a file

Transfer of a group tax loss under Subdivision 170-A - consolidation part-way through the head company's income year

2 October 2003

C3-5-130 (PDF, 41.22KB)This link will download a file

Late loss transfers under Subdivision 170-A - consolidation and the Commissioner's discretion

27 January 2005

C3-6: Determining the reduction amount - subsection 707-325(3)

C3-6 sections

Section

Title

Currency date

C3-6 (PDF, 47.91KB)This link will download a file

Determining the reduction amount - subsection 707-325(3)

18 May 2005

C3-6-110

Determining the reduction amount - multiple events, determining the initial increase in market value

18 May 2005

C3-6-120 (PDF, 55.54KB)This link will download a file

Determining the reduction amount - diminution in value up to the joining time

18 May 2005

C3-6-130 (PDF, 58.65KB)This link will download a file

Determining the reduction amount - injection of capital that does not result in increased modified market value

18 May 2005

C3-6-140 (PDF, 62.75KB)This link will download a file

Determining the reduction amount - compounding of value up to the joining time

18 May 2005

C3-6-150 (PDF, 62.63KB)This link will download a file

Determining the reduction amount - injection of capital subsequently injected into a subsidiary

18 May 2005

C3-6-160 (PDF, 55.53KB)This link will download a file

Determining the reduction amount - multiple events, market value reduced under some events

18 May 2005

C4 – Market valuation

Currency date is as specified. Sections will no longer be updated.

C4 sections

Section

Title

Currency date

C4-1 (PDF, 13.7KB)This link will download a file

Market valuation

6 May 2011

C4-1-110

Advance market valuation agreement - proforma

Withdrawn 6 May 2011

Tax determinations

Section

Title

Currency date

C4-2-110

Taxation Determination TD 2003/10

Withdrawn 6 May 2011

C4-2-120

Taxation Determination TD 2003/11

Withdrawn 6 May 2011

C5 – Franking credits

Currency date is as specified. Sections will no longer be updated.

C5 sections

Section

Title

Currency date

C5-0 (PDF, 22.7KB)This link will download a file

About this section

28 May 2003

C5-1 (PDF, 25.96KB)This link will download a file

Treatment of franking credits

28 May 2003

C5-2: Worked examples

Section

Title

Currency date

C5-2-110 (PDF, 33.17KB)This link will download a file

Franking accounts in consolidated groups

28 May 2003

C6 – International

Currency date is as specified. Sections will no longer be updated.

C6 sections

Section

Title

Currency date

C6-0 (PDF, 26.92KB)This link will download a file

About this section

10 July 2009

C6-1 (PDF, 103.5KB)This link will download a file

Treatment of foreign income tax offsets, attribution surpluses and conduit foreign income

6 May 2011

C6-1-110 (PDF, 60KB)This link will download a file

Thin capitalisation and consolidated groups

26 June 2007

C6-1-210 (PDF, 44.96KB)This link will download a file

Foreign bank branches and consolidated groups

12 May 2004

C6-2: Worked examples

Section

Title

Currency date

C6-2-110 (PDF, 35.58KB)This link will download a file

Pooling of excess foreign tax credits

3 November 2004

C6-2-120 (PDF, 30.46KB)This link will download a file

Foreign income tax offsets - transitional rules

30 June 2009

C6-2-130 (PDF, 36KB)This link will download a file

Calculating the foreign income tax offset

30 June 2009

C6-2-210 (PDF, 42.59KB)This link will download a file

Transfer of attribution surpluses

6 My 2011

C6-2-310 (PDF, 22.33KB)This link will download a file

Transfer of foreign dividend account balance

28 May 2003

C6-2-410 (PDF, 27.52KB)This link will download a file

Treatment of conduit foreign income

30 June 2009

C7 – Making a choice in writing and notifying

Currency date is as specified. Sections will no longer be updated.

C7 section

Section

Title

Currency date

C7-0 (PDF, 18.14KB)This link will download a file

About this section

6 May 2011

C7-1: General information

Section

Title

Currency date

C7-1-110 (PDF, 48.33KB)This link will download a file

Choice in writing

6 May 2011

C7-1-120 (PDF, 41.24KB)This link will download a file

Consolidated groups - Notices to be given to the Commissioner

6 May 2011

C7-1-220 (PDF, 69.03KB)This link will download a file

Impact of liquidation and deregistration

6 May 2011

C7-2: Forms

Section

Title

Currency date

C7-2-110

Notification of formation of an income tax consolidated group

Withdrawn 6 May 2011

C7-2-120

Notification of members joining and/or leaving the group

Withdrawn 6 May 2011

C7-2-130

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

Withdrawn 6 May 2011

C8 – PAYG instalments

Currency date is as specified. Sections will no longer be updated.

C8 sections

Section

Title

Currency date

C8-0 (PDF, 15.61KB)This link will download a file

About this section

28 May 2003

C8-1 (PDF, 64.54KB)This link will download a file

Treatment of PAYG instalments

15 April 2010

C8-1-110 (PDF, 138.81KB)This link will download a file

Completing the Consolidated activity statement

28 May 2003

C8-2: Forms

Section

Title

Currency date

C8-2-110 (PDF, 65.76KB)This link will download a file

Consolidated activity statement

2 December 2002

C9 – Determine tax liabilities, manage obligations

Currency date is as specified. Sections will no longer be updated.

C9 section

Section

Title

Currency date

C9-0 (PDF, 32.42KB)This link will download a file

About this section

6 May 2011

C9-1: General information

General information sections

Section

Title

Currency date

C9-1-110 (PDF, 51.99KB)This link will download a file

Single entity treatment

16 December 2005

C9-1-115 (PDF, 34.82KB)This link will download a file

Application of the consolidation provisions to cooperative companies

26 October 2005

C9-1-120 (PDF, 38.24KB)This link will download a file

Income recognition - method used by head company

26 October 2005

C9-1-130 (PDF, 39.79KB)This link will download a file

Tax-related expenses - post-consolidation expenses relating to a subsidiary's tax affairs

30 June 2009

C9-1-220 (PDF, 200.19KB)This link will download a file

Application of Part IVA to elections to consolidate

26 October 2005

C9-2: Record keeping guidelines and checklist

C9-2 section

Section

Title

Currency date

C9-2 (PDF, 121.18KB)This link will download a file

Record keeping guidelines and checklist

6 May 2011

C9-3: Draft 2003 income tax return and schedules

C9-3 section

Section

Title

Currency date

C9-3

Draft 2003 income tax return and schedules

Withdrawn 6 May 2011

C9-4: Special circumstances

C9-4 section

Section

Title

Currency date

C9-4-110 (PDF, 42.53KB)This link will download a file

Substituted accounting period (SAP)

28 May 2003

C9-5: Worked examples

C9-5 sections

Section

Title

Currency date

C9-5-110 (PDF, 34.09KB)This link will download a file

Calculating taxable income, income tax and losses for non-membership periods

28 May 2003

C9-5-120 (PDF, 93.38KB)This link will download a file

Partners and partnerships - applying the part-year provisions

26 October 2005

C9-5-150 (PDF, 64.93KB)This link will download a file

Effect of entry history rule

6 May 2011

C9-5-210 (PDF, 38.59KB)This link will download a file

Aligning income/deductions with services - arrangements between prospective fellow members

30 June 2009

C9-5-220 (PDF, 39.29KB)This link will download a file

Single entity treatment - deductibility of interest

26 October 2005

C9-5-230 (PDF, 83.71KB)This link will download a file

Single entity treatment - sale of intragroup asset to non-member

16 December 2005

C9-5-240 (PDF, 44.39KB)This link will download a file

Capital benefit paid in substitution for dividends

12 September 2006

C9-5-310 (PDF, 49.09KB)This link will download a file

Capital allowances - with accelerated depreciation

26 October 2005

C9-5-315 (PDF, 36.8KB)This link will download a file

Capital allowances - without accelerated depreciation

23 December 2003

C9-5-320 (PDF, 54.77KB)This link will download a file

Treatment of trading stock brought into the group

26 October 2005

C9-5-330 (PDF, 40KB)This link will download a file

Prepayment transitional rules - group consolidates 1 July 2002

3 December 2003

C9-5-340

Withdrawn 12 September 2006

 


C9-5-341 (PDF, 50.15KB)This link will download a file

Consumables brought into a group (transitional option)

6 May 2011

C9-5-350 (PDF, 45.04KB)This link will download a file

Deducting a bad debt - company that is owed debt becomes member of consolidated group

3 August 2005

C9-5-351 (PDF, 47.79KB)This link will download a file

Deducting a bad debt - company that is owed debt experiences majority ownership change when it joins consolidated group

3 August 2005

C9-5-352 (PDF, 64.26KB)This link will download a file

Deducting a bad debt - company that is owed debt joins consolidated group that later ceases to exist

3 August 2005

C9-5-810 (PDF, 61.3KB)This link will download a file

Effect of exit history rule

6 May 2011

C9-6: Life insurance companies

C9-6 sections

Section

Title

Currency date

C9-6-110 (PDF, 54.59KB)This link will download a file

Treatment of life insurance companies

6 May 2011

C9-6-510 (PDF, 31.35KB)This link will download a file

Modified membership rules for consolidated groups that include a life insurance company

6 May 2011

C9-6-512 (PDF, 38.41KB)This link will download a file

Modified membership rules for a joining life insurance company's wholly-owned subsidiary held indirectly through one or more interposed entities

6 May 2011

C9-6-520 (PDF, 60.67KB)This link will download a file

Modified cost setting rules for consolidated groups that include a life insurance company

6 May 2011

C9-6-530

Application of the single entity rule to a consolidated group that includes a life insurance company

Withdrawn 6 May 2011

C9-6-540 (PDF, 41.99KB)This link will download a file

Value of the net risk component of life insurance policies when a life insurance company joins or leaves a consolidated group

6 May 2011

C9-6-550 (PDF, 41.07KB)This link will download a file

Franking surpluses held by life insurance subsidiaries

6 May 2011

C9-7: Tax sharing agreements

C9-7 sections

Section

Title

Currency date

C9-7-110 (PDF, 94.96KB)This link will download a file

Tax sharing agreements

30 June 2009

C9-7-510 (PDF, 52.41KB)This link will download a file

Tax sharing agreement based on percentage of profit methodology

30 June 2009

C10 – Multiple entry consolidated (MEC) groups

Currency date is as specified. Sections will no longer be updated.

C10: Multiple entry consolidated (MEC) groups

Section

Title

Currency date

C10-0 (PDF, 20.8KB)This link will download a file

About this section

6 May 2011

C10.1: Multiple entry consolidated (MEC) groups

Multiple entry consolidated (MEC) groups

Section

Title

Currency date

C10-1 (PDF, 89.95KB)This link will download a file

Multiple entry consolidated (MEC) groups

6 May 2011

Multiple entry consolidated (MEC) groups sections

Section

Title

Currency date

C10-1-110 (PDF, 44.31KB)This link will download a file

MEC groups - notices to be given to the Commissioner

6 May 2011

C10-1-210 (PDF, 70.79KB)This link will download a file

Group conversions

6 May 2011

C10-2: Worked examples

Formation and conversion

Section

Title

Currency date

C10-2-110 (PDF, 85.18KB)This link will download a file

Choice on formation, special conversion events and acquisition of new eligible tier-1 companies

6 May 2011

C10-2-115 (PDF, 58.13KB)This link will download a file

Original and new eligible tier-1 companies of a MEC group

6 May 2011

C10-2-120 (PDF, 80.82KB)This link will download a file

Transitional provisions for foreign-held, Australian-resident subsidiaries to be members of a MEC group

26 October 2005

C10-2-130 (PDF, 58.76KB)This link will download a file

Provisional head company

6 May 2011

C10-2-140 (PDF, 30.56KB)This link will download a file

A consolidated group is created from a MEC group

6 May 2011

Cost setting at joining and formation

Section

Title

Currency date

C10-2-210 (PDF, 68.94KB)This link will download a file

Cost setting rules for assets of a MEC group - at joining and formation times

6 May 2011

C10-2-215 (PDF, 53.32KB)This link will download a file

Tax cost setting of assets - expansion of a MEC group to include new eligible tier-1 companies

12 September 2006

Losses

Section

Title

Currency date

C10-2-310 (PDF, 72KB)This link will download a file

Adjusting available fraction - a new eligible tier-1 company joins a MEC group

12 September 2006

C10-2-320 (PDF, 71.69KB)This link will download a file

Apportioning the use of losses - new eligible tier-1 company joins part-way through income year

15 April 2010

C10-2-325 (PDF, 117.05KB)This link will download a file

MEC groups and losses - determining whether the focal company satisfies the continuity of ownership test

6 May 2011

C10-2-330 (PDF, 21.7KB)This link will download a file

Identifying the test company to determine continuity of ownership of the focal company in a MEC group - COT transfer of losses

28 May 2003

C10-2-340 (PDF, 19.54KB)This link will download a file

Identifying the test company to determine continuity of ownership of the focal company in a MEC group - SBT satisfied

28 May 2003

C10-2-350 (PDF, 42.79KB)This link will download a file

Determining the start of a test company's loss year to assess the continuity of ownership of the focal company in a MEC group (COT transfer of a loss)

6 May 2011

C10-2-360 (PDF, 44.38KB)This link will download a file

Determining the start of a test company's loss year to assess continuity of ownership of the focal company in a MEC group (special conversion event)

6 May 2011

C10-2-370 (PDF, 27.03KB)This link will download a file

Freezing the ownership of the test company - COT transfer of a loss to the head company of a MEC group

28 May 2003

C10-2-380 (PDF, 50.93KB)This link will download a file

Freezing the ownership structure of a MEC group - when a loss-making company becomes head company of the group

6 May 2011

C10-2-390 (PDF, 55.42KB)This link will download a file

Continuity of a potential MEC group when the identity of the top company changes - assumptions about the test company failing the COT

6 May 2011

C10-2-391 (PDF, 58.16KB)This link will download a file

Assumptions about the test company failing the COT - potential MEC group ceases to exist

6 May 2011

C10-2-392 (PDF, 58.96KB)This link will download a file

Assumptions about the test company failing the COT - MEC group ceases to exist because there ceases to be a provisional head company

6 May 2011

C10-2-395 (PDF, 59.52KB)This link will download a file

Acquisition of part of a MEC group - transfer of losses to newly formed consolidated group

6 May 2011

Cost setting at leaving

Section

Title

Currency date

C10-2-410 (PDF, 49.54KB)This link will download a file

Events that trigger pooling in a MEC group

26 October 2005

C10-2-420 (PDF, 115.8KB)This link will download a file

Pooling of external membership interests

26 October 2005

C10-2-430 (PDF, 60.58KB)This link will download a file

An eligible tier-1 company leaving a MEC group

6 May 2011

C10-3: Forms

Forms sections

Section

Title

Currency date

C10-3-110

Notification of formation of a MEC group

Withdrawn 6 May 2011

C10-3-120

Notification of members joining and/or leaving a MEC group

Withdrawn 6 May 2011

C10-3-130

Notification of conversion to a MEC group

Withdrawn 6 May 2011

C10-3-140

Notification of continuation of a MEC group with a new provisional head company

Withdrawn 6 May 2011

C10-3-150

Notification of provisional head company no longer eligible MEC group

Withdrawn 6 May 2011

See also:

17069