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Consolidation eligibility (subsidiary) (ces)

For an entity to be a subsidiary member of a consolidated group, the entity must:

  • be a company, partnership or trust

  • be a wholly-owned subsidiary

  • be an Australian resident

  • if it's a company, have some of its income taxed at the general company tax rate

  • not be an excluded entity, see Entity Classes for Tax Consolidation.

 

Example of the Consolidation eligibility (subsidiary) worksheet (ces)

The questions are self-explanatory. See Business consolidation eligibility.

Depending on the answers you've provided, we'll calculate the subsidiary entity's eligibility and display the answer at the bottom of the worksheet.

 

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