Income Tax Assessment Act 1997
CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-90 - CONSOLIDATED GROUPS
(a) are resident in Australia; and
(b) are wholly-owned subsidiaries of the head company (either directly or through other companies, trusts and partnerships).
Division 703 - Consolidated groups and their members
SECTION 703-1 What this Division is about
A consolidated group and a consolidatable group each consists of a head company and all the companies, trusts and partnerships that:
A consolidatable group becomes consolidated at a time chosen by the company that was the head company at the time.