The head company of a consolidated group must notify us if it makes a written choice to convert the consolidated group to a multiple entry consolidated (MEC) group.
The new provisional head company must notify us:
- no later than the date it lodges its income tax return for the income year in which the special conversion event occurs, or
- if a return is not required for that income year, the date it would have otherwise been due.
How to notify us
The public officer of the head company of the consolidated group, as listed in the Australian Business Register (ABR), or its registered tax agent must notify us about this conversion by completing a Notification of conversion to a multiple entry consolidated (MEC) group (PDF, 364KB)This link will download a file form (NAT 7026).
See alsoAn 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.