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Consolidated groups and MEC groups

The head of a tax group can be either an outward or inward investing financial entity, ADI or a general class investor.

How the head company of a consolidated group or MEC group can be classified.

Explains the relevant (non-ADI) grouping rules apply to the group.

Explains the grouping branches of foreign banks and financial entities for thin capitalisation purposes only.

A debt deduction is not disallowed under the thin capitalisation rules where a head company meets certain conditions.

Explains the treatment if classified as an outward investing entity (ADI).

Explains the treatment if classified as an inward investing entity (ADI).

Rule for calculating the value of a consolidated or single company’s assets and liabilities including part year periods.

QC48184