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New Business Tax System (Consolidation and Other Measures) Act (No. 1) 2002
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Department of the Treasury
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C2004A01054
29 June 2002
-
28 June 2010
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1 Short title
2 Commencement
3 Schedule(s)
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4 Amendment of income tax assessments
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Schedule 1—Consolidation: assessable income and deductions spread over several membership or non-membership periods
Income Tax Assessment Act 1997
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Schedule 2—Consolidation: group continues when shelf company becomes new head company
Income Tax Assessment Act 1997
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Schedule 3—Consolidation: effect on cost base rules etc. of loss of pre-CGT status of membership interests
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Part 1—Basic amendments
Income Tax Assessment Act 1997
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Part 2—Consequential CGT amendments
Income Tax Assessment Act 1997
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Part 3—Transitional provisions
Income Tax (Transitional Provisions) Act 1997
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Schedule 4—Consolidation: new Subdivisions 705-C (where a consolidated group is acquired by another) and 705-D (where multiple entities are linked by membership interests)
Income Tax Assessment Act 1997
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Schedule 5—Consolidation: allocable cost amount for a joining trust
Part 1—New provisions inserted in the Income Tax Assessment Act 1997
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Part 2—Consequential amendment
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
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Schedule 6—Consolidation: losses
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Part 1—Maintaining same ownership to utilise transferred losses
Income Tax Assessment Act 1997
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Part 2—Utilising losses head company transfers to itself
Income Tax Assessment Act 1997
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Part 3—Effect of exit history rule
Income Tax Assessment Act 1997
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Schedule 7—Consolidation: foreign tax credits and exit history rule
Income Tax Assessment Act 1997
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Schedule 8—Consolidation: MEC groups
Income Tax Assessment Act 1997
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Schedule 9—Consolidation: application provision and transitional provisions about trading stock and internally-generated assets
Income Tax (Transitional Provisions) Act 1997
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Schedule 10—Consolidation: transitional rules for MEC tax cost setting provisions
Income Tax (Transitional Provisions) Act 1997
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Schedule 11—Consolidation: consequential provisions for research and development
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Taxation Administration Act 1953
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Schedule 12—Consolidation: amendments relating to Division 170
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
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Schedule 13—Consolidation: thin capitalisation
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
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Schedule 14—Consolidation: consequential provisions for removal of grouping
Financial Corporations (Transfer of Assets and Liabilities) Act 1993
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Taxation Administration Act 1953
Wool Services Privatisation Act 2000
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Schedule 15—Consolidation: foreign tax credits
Income Tax (Transitional Provisions) Act 1997
New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002
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Schedule 16—Application of sections 46 and 46A of the Income Tax Assessment Act 1936 after 30 June 2002
Income Tax Assessment Act 1936
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Schedule 17—Changes to the imputation system
Income Tax Assessment Act 1997
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Schedule 18—Imputation system transitionals
Income Tax (Transitional Provisions) Act 1997