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To Be a Member of a "Tax Consolidated Group

Question 55

Multiple Choice

To be a member of a "tax consolidated group":


A) Associates must be Australian residents
B) Subsidiaries must be Australian residents
C) Subsidiaries must be majority owned by the parent company.
D) Subsidiaries must be Australian residents and subsidiaries must be majority owned by the parent company.
E) None of the given answers.

Correct Answer:

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