INCOME TAX ASSESSMENT ACT 1997 - SECT 975.500 Wholly - owned groups

INCOME TAX ASSESSMENT ACT 1997 - SECT 975.500

    Two companies are members of the same wholly - owned group if:

  (a)   one of the companies is a * 100% subsidiary of the other company; or

  (b)   each of the companies is a * 100% subsidiary of the same third company.