2005

2nd National Consolidation Symposium: After the Big Bang: The expanding universe of Tax Consolidation

Source: National

Published Date: 19 May 2005

 
Having elected to consolidate, and completed the exhausting formation calculations, corporate Australia is now starting to realise that there is still much more to the tax consolidation regime!

This symposium primarily focussed on post-formation issues being faced by consolidated tax groups. These not only encompass aspects such as acquiring and disposing of subsidiaries, but also financing, internal restructuring and the ongoing implications of interactions between the consolidation provisions and other tax provisions (including Part IVA).

The post-formation period will also inevitably involve a review of the formation calculations and market valuations by way of tax audits or by companies otherwise reassessing their stick/spread choices prior to 31 December 2005. Therefore the program included an update on developments in these areas.

There were also be a number of industry specific sessions, including one covering issues facing SMEs.

Intra-group transactions - are they now irrelevant?

Author(s): Ken Spence CTA-Life

Financing implications

Author(s): Peter Collins
Materials from this session:

Tax sharing agreements - theory and practice

Author(s): Matt Hayes

RITA and NITA - some emerging issues around the new consolidations regime

Author(s): Alf Capito

Acquisitions and disposals - specific contractual clauses and considerations

Author(s): Richard Hendriks CTA

Getting the most out of your 'tax cost setting amount'

Author(s): Hayden Scott FTI

Is there really a calm after the formation storm?

Author(s): Richard Buchanan FTI-Life , Paul Culibrk

Losses: re-evaluating available fraction choices

Author(s): David Romans

Consolidation: the risk reviews

Author(s): Peter Coakley
Materials from this session:

CGT interactions

Author(s): Grant Cathro
Materials from this session:

Acquisitions: tax structuring and IFRS accounting


Valuations: best practice and best defence against disputes

Author(s): John Hope , Jim Delany

Consolidation: SME issues

Author(s): James Targett , Gordon S Cooper , Gerald Jaworski
Materials from this session:

The intent of the consolidation regime

Author(s): Michael D'Ascenzo

Leaving entities

Author(s): Andy Milton , Tony Stolarek
Materials from this session:

Mining industry tax consolidation issues

Author(s): Anthony Portas CTA , Michael Mccormak , Mark Murchison

Foreign owned groups

Author(s): Jenny Wong CTA , Geoff Lehmann
Materials from this session:

Details

  • Published On:19 May 2005
  • Took place at:Sheraton on the Park, Sydney

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research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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