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  Consolidation TOFA Income tax

An update on the consolidation regime: A case study

Source: New South Wales

Published Date: 16 May 2013

 

This presentation is based on a practical case study to show how the consolidation provisions apply to set the tax cost of assets for acquisitions under the rules that apply from 2011.

Some of the issues the case study focus on include:

  • treatment of non-CGT assets such as customer relationships
  • treatment of rights to future income (RTFI) assets
  • implications for amounts that are allocated to goodwill
  • treatment of accounting liabilities and the related interaction of the consolidation and TOFA regimes.

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Author(s)

Individual Session

An update on the consolidation regime

Author(s): Craig Marston CTA , Julian Pinson FTI , Daniel Sydes
Materials from this session:

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Consolidation TOFA Income tax 2013

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