[1781] Consolidation: deferred tax liabilities recognised under AASB 1020.

Australasian Business Intelligence, October, 2006

Byline: Annamaria Carey

Oct 25, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office (ATO) issued Taxation Determination TD 2006/60 on 27 September 2006. It was previously issued as Draft Taxation Determination 2006/D18 and is unchanged from that document. It deals with the issue of consolidation and outlines the circumstances under which a deferred tax liability can be treated as a joining entity's liability under s 705-70 (1) of the Income Tax Assessment Act 1997.

Publication Date: 29 September 2006

 
AUSTRALIAN TAXATION OFFICE 

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