ATO Taxation of Consolidated Groups (Foundation)

Issued by AGSM@UNSW Business School

Upon completion, participants will be able to identify members of a consolidated group, explain the general principles for the tax cost setting rules, calculate the tax cost setting amount, explain the general principles for the treatment of losses under the consolidation regime, and apply the core rules to various scenarios.

Skills

Asset Cost Setting Rules
Core Rules
Exit ACA
Loss Rules
Membership Rules
Tax Cost Setting Rules
Transfer of Losses
Utilisation of Losses

Earning Criteria

Successful completion of 3 online workshops totalling a duration of 10 hours, active participation at the online workshops. Successful completion of an online assessment.