Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 713.700

This Subdivision sets out special rules for a general insurance company becoming or ceasing to be a subsidiary member of a consolidated group.

Table of sections

Tax cost setting rules for general insurance companies joining consolidated group

713 - 705   Certain assets taken to be retained cost base assets where general insurance company joins group

Liabilities and reserves of general insurance companies joining and leaving consolidated groups

713 - 710   Treatment of liabilities and reserves for income year when general insurance company joins or leaves group

713 - 715   If general insurance company joins consolidated group

713 - 720   If general insurance company leaves consolidated group

713 - 725   Treatment of certain assets and liabilities of general insurance companies