Tax practitioners have in recent years discovered that the devil has been in the detail of the New Business Tax System - the loss integrity measures, the debt/equity measures and thin capitalisation measures.
Tax consolidation is the most significant tax reform measure in the last 18 years and provides a new challenge to tax practitioners - the devil is not in what the tax consolidation provisions say, it is in what they do not!
At this tax consolidation intensive the presenters provided an analysis of what the provisions say together with an understanding of what the provisions mean in managing their own or their clients' tax consolidation implementation plan.