Income Tax Assessment Act 1997

CHAPTER 6 - THE DICTIONARY  

PART 6-1 - CONCEPTS AND TOPICS  

Division 975 - Concepts about companies  

Subdivision 975-W - 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.


 

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