Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 165.212E

                   For the purposes of the * same business test, if an entity (the joining entity ) becomes a * subsidiary member of a * consolidated group or a * MEC group, section 701-5 (the entry history rule) does not operate to take the * business of the * head company of the group to include the business of the joining entity before it became a * member of the group.

Table of sections

165-215    Special alternative to change of ownership test for Subdivision 165-A

165-220    Special alternative to change of ownership test for Subdivision 165-B

165-225    Special way of dividing the income year under Subdivision 165-B

165-230    Special alternative to change of ownership test for Subdivision 165-C

165-235    Information about non-fixed trusts with interests in company

165-240    Notices where requirements of section 165- 235 are met

165-245    When an entity has a fixed entitlement to income or capital of a company