When are arm's length provisions applied to Tax Groups?

Tax Group
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When are arm’s length provisions applied to Tax Groups?

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Arm’s length provisions are applied in following instances:

  • When a member has unutilized pre-Grouping Tax Losses.

  • When a member has earned income eligible for a Foreign Tax Credit.

  • When a member benefits from Corporate Tax incentives or relief for a Qualifying Business Activity.

  • When a member has unutilized carried forward Net Interest Expenditure.