Income Tax Assessment Act 1997
CHAPTER 3
-
SPECIALIST LIABILITY RULES
PART 3-90
-
CONSOLIDATED GROUPS
Division 713
-
Rules for particular kinds of entities
Subdivision 713-L
-
Life insurance companies
General modifications for life insurance companies
SECTION 713-505
713-505
Head company treated as a life insurance company
This Act, and the Income Tax Rates Act 1986 , apply to the * head company of a * consolidated group as if it were a * life insurance company for an income year if one or more life insurance companies are * subsidiary members of the group at any time during that year.
View history note
Hide history noteThis Act, and the Income Tax Rates Act 1986 , apply to the * head company of a * consolidated group as if it were a * life insurance company for an income year if one or more life insurance companies are * subsidiary members of the group at any time during that year.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.