Consolidations

Consolidations – Tax sharing agreements (TSA) (see note 2)

Joint and several liabilities of the subsidiaries of the head company of a consolidated group are tax-related liabilities but may be reduced if a valid TSA exists and is produced when required.

Sections 721-25(3) and 721-15(3A) of the Income Tax Assessment Act 1997.

No NAT number

Notification of formation of an income tax consolidated group

Section 703-58 of the Income Tax Assessment Act 1997.

6781

Notification of members joining and/or leaving an income tax consolidated group

Items 1 and 2 of section 703-60(1) of the Income Tax Assessment Act 1997.

6782

Notification of error(s) in the calculation of tax cost setting amounts – Income tax consolidated group

Subsection 705-315(6) of the Income Tax Assessment Act 1997.

71251

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

Item 3 of section 703-60(1) of the Income Tax Assessment Act 1997.

6783

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

Section 719-77(2) of the Income Tax Assessment Act 1997.

73442

Notification of continuation of a multiple entry consolidated (MEC) group with a new provisional head company

Section 719-79 of the Income Tax Assessment Act 1997.

7052

Notification of conversion to a multiple entry consolidated (MEC) group (special conversion event)

Section 719-78(2) of the Income Tax Assessment Act 1997.

7026

Notification of conversion of a multiple entry consolidated (MEC) group to a consolidated group

Item 1 of subsection 703-60(1) of the Income Tax Assessment Act 1997.

74963

Notification of error(s) in the calculation of tax cost setting amounts – MEC group

Subsection 705-315(6) of the Income Tax Assessment Act 1997.

71252

Notification of formation of a multiple entry consolidated (MEC) group

Section 719-76 of the Income Tax Assessment Act 1997.

7024

Notification of members joining and/or leaving a multiple entry consolidated (MEC) group

Items 1 and 2 of section 719-80(1) of the Income Tax Assessment Act 1997.

7025

Notification of provisional head company no longer eligible (MEC group)

Item 3 of section 719-80 of the Income Tax Assessment Act 1997.

7053

Designated Infrastructure Project (DIP) entity notification

Paragraph 415-15(2)(b) of the Income Tax Assessment Act 1997.

74666