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  Miscellaneous 2009

Losses and consolidation - Entries and exits

Source: Victoria

Published Date: 27 May 2009

 

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This paper covers the losses issues raised when an entity joins or leaves a consolidated group, including:

  • do losses transfer into a consolidated group?
  • how is a transferred loss utilised (as compared with other losses)?
  • calculating and allocating the joining ACA for a loss company and
  • calculating the cost base of the shares in a leaving company (including a consideration of whether a loss on a share sale can ever result).
Author(s)

Individual Session

Losses and consolidation - Entries and exits

Author(s): Duncan R C Baxter
Materials from this session:

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Details

  • Published By: Duncan R C Baxter
  • Published On:27 May 2009
  • Took place at:RACV Club, Melbourne

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