For an entity to be a subsidiary member of a consolidated group, the entity must:
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be a company, partnership or trust
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be a wholly-owned subsidiary
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be an Australian resident
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if it's a company, have some of its income taxed at the general company tax rate
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not be an excluded entity, see Entity Classes for Tax Consolidation.
Example of the Consolidation eligibility (subsidiary) worksheet (ces)
The questions are self-explanatory. See Business consolidation eligibility.
Depending on the answers you've provided, we'll calculate the subsidiary entity's eligibility and display the answer at the bottom of the worksheet.
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