Tax and Superannuation Laws Amendment (2014 Measures No. 4) Act 2014 (110 of 2014)
Schedule 5
Part 4 Other amendments of principal Acts
Income Tax Assessment Act 1997
120 Subsection 709-215(4) (after table item 4)
Insert:
|
4A |
Both these conditions are met: (a) the entity that is owed the debt for the debt test period is the *head company of a *consolidated group; (b) the period ends when a *subsidiary member of the group ceases to be a *member of the group without becoming a member of another consolidated group |
The start of the debt test period |
The end of the debt test period |