Abbreviations

ABN

Australian business number

CFC

controlled foreign company

CGT

capital gains tax

Commissioner

Commissioner of Taxation

film loss

film component of tax loss

FHSA

first home savers account

head company

head company of a consolidated group as defined in the ITAA 1997

ITAA 1936

Income Tax Assessment Act 1936

ITAA 1997

Income Tax Assessment Act 1997

IT(TP)A

Income Tax (Transitional Provisions) Act 1997

MEC group

multiple entry consolidated group

TFN

tax file number

the schedule

Consolidated groups losses schedule 2012