Income Tax Assessment Act 1997
CHAPTER 6
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THE DICTIONARY
PART 6-1
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CONCEPTS AND TOPICS
Division 975
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Concepts about companies
Subdivision 975-W
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Wholly-owned groups of companies
SECTION 975-500
975-500
Wholly-owned groups
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.
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.
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