Tax consolidation changes bring clarity for taxpayers

Article

Tax consolidation changes bring clarity for taxpayer

Tax insights

The Federal Budget announced changes to the treatment of deductible liabilities for tax consolidation cost setting purposes take a very different approach to the proposed reforms set out in the Exposure Draft legislation issued in April 2015. The deductible liability measures contained in the Federal Budget propose a deferral for the commencement date to 1 July 2016.

Tax consolidation changes bring clarity for taxpayers
Did you find this useful?