Money Doesn’t Come Without Guidance ...
Consolidation is treated as a group of wholly owned or majority-owned companies that can operate as a single entity for income tax purposes. The purpose of consolidation is to decrease the organisational costs and compliance cost but improve the business structure and integrity of the tax system. However, consolidation can also be achieved without the integration of all tax characteristics and the transition of a group into one homogenous taxable entity.
Eligibility for Head Company
Subsidiary Member Eligibility Criteria