On 4 December 2003, The Minister for Revenue and Assistant Treasurer announced a number of measures to provide greater flexibility for groups as they move into the new consolidation regime. As the new consolidation regime has changed the taxation landscape for most corporate groups, the Government has continued its active consultation with business on the implementation of the new regime. Arising from these consultations has been a call for further clarification and greater certainty.
The Minister for Revenue and Assistant Treasurer, Senator Helen Coonan said that the Government had listened to and heard the concerns of business and today announces further measures to give taxpayers greater flexibility and to assist them even further when moving into the consolidation regime.
A copy of the Assistant Treasurer's press release is available at http://assistant.treasurer.gov.au.
For questions and queries please e-mail: email@example.com or phone Martin Jacobs (Treasury) (02) 6263 3208
The Department of the Treasury is making available electronically the refinements to the consolidation regime.
Please refer to the list below to download these documents.