The Tax Consolidation Regime has fundamentally altered the tax landscape for corporate groups in Australia. The tax treatment of losses, depreciation deductions, cost bases, franking accounts and inter-company transactions, amongst other areas, have all been impacted upon.

You may be assessing whether you should elect to form a consolidated group, or perhaps you have already consolidated for tax purposes, and you are about to enter into a major transaction. Whatever your circumstances, as a corporate group you need to understand the impact of the tax consolidation regime on your ongoing business and its future direction.
 

How William Buck can help

William Buck’s specialist tax team can provide advice on what the regime means for your organisation in terms of income tax compliance requirements and responsibilities, as well as its interaction with the Australian Accounting Standard Equivalents to International Financial Reporting Standards (AIFRS).

The Tax Consolidation Regime has fundamentally altered the tax landscape for corporate groups in Australia. The tax treatment of losses, depreciation deductions, cost bases, franking accounts and inter-company transactions, amongst other areas, have all been impacted upon.

You may be assessing whether you should elect to form a consolidated group, or perhaps you have already consolidated for tax purposes, and you are about to enter into a major transaction. Whatever your circumstances, as a corporate group you need to understand the impact of the tax consolidation regime on your ongoing business and its future direction.
 

How William Buck can help

William Buck’s specialist tax team can provide advice on what the regime means for your organisation in terms of income tax compliance requirements and responsibilities, as well as its interaction with the Australian Accounting Standard Equivalents to International Financial Reporting Standards (AIFRS).

We understand that your business is never at a standstill. Whether you plan to restructure, expand or divest, we can provide expert advice on the impact that tax consolidations will have on your commercial plans.

Our service commitment

Our tax team prides itself on viewing tax issues from a business perspective. We take time to understand your commercial objectives and restraints and focus on producing the best outcome for your particular situation.

In doing so, we aim to simplify the decision-making process and reduce your tax compliance burdens.

We understand that your business is never at a standstill. Whether you plan to restructure, expand or divest, we can provide expert advice on the impact that tax consolidations will have on your commercial plans.

Our service commitment

Our tax team prides itself on viewing tax issues from a business perspective. We take time to understand your commercial objectives and restraints and focus on producing the best outcome for your particular situation.

In doing so, we aim to simplify the decision-making process and reduce your tax compliance burdens.