Document ID: chunk:federal_register_of_legislation:C2025C00029:section:4:p69
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 4 (pt 69/95)
Character Range: 5726249–5729264

under CFC provisions and former FIF and FLP provisions: exit rules
Guide to Subdivision 717‑E
717‑235 What this Subdivision is about
Object
717‑240 Object of this Subdivision
Transfers
717‑245 Attribution surpluses
717‑255 FIF surpluses
717‑262 Deferred attribution credits
Subdivision 717‑O—Offshore banking units
Guide to Subdivision 717‑O
717‑700 What this Subdivision is about
717‑705 Object of this Subdivision
717‑710 Head company treated as OBU
Division 719—MEC groups
Subdivision 719‑A—Modified application of Part 3‑90 to MEC groups
719‑2 Modified application of Part 3‑90 to MEC groups
Subdivision 719‑B—MEC groups and their members
719‑4 What this Subdivision is about
Basic concepts
719‑5 What is a MEC group?
719‑10 What is a potential MEC group?
719‑15 What is an eligible tier‑1 company?
719‑20 What is a top company and a tier‑1 company?
719‑25 Head company, subsidiary members and members of a MEC group
719‑30 Treating entities as wholly‑owned subsidiaries by disregarding employee shares
719‑35 Treating entities held through non‑fixed trusts as wholly‑owned subsidiaries
719‑40 Special conversion event—potential MEC group
719‑45 Application of sections 703‑20 and 703‑25
Choice to consolidate a potential MEC group
719‑50 Eligible tier‑1 companies may choose to consolidate a potential MEC group
719‑55 When choice starts to have effect
Provisional head company
719‑60 Appointment of provisional head company
719‑65 Qualifications for the provisional head company of a MEC group
719‑70 Income year of new provisional head company to be the same as that of former provisional head company
Head company
719‑75 Head company
Notice of events affecting group
719‑76 Notice of choice to consolidate
719‑77 Notice in relation to new eligible tier‑1 members etc.
719‑78 Notice of special conversion event
719‑79 Notice of appointment of provisional head company after formation of group
719‑80 Notice of events affecting MEC group
Effects of change of head company
719‑85 Application
719‑90 New head company treated as substituted for old head company at all times before the transition time
719‑95 No consequences of old head company becoming, and new head company ceasing to be, subsidiary member of the group
Subdivision 719‑BA—Group conversions involving MEC groups
719‑120 Application
719‑125 Head company of new group retains history of head company of old group
719‑130 Provisions of this Part not to apply to conversion
719‑135 Provisions of this Part applying to conversion despite section 719‑130
719‑140 Other provisions of this Part not applying to conversion
Subdivision 719‑C—MEC group cost setting rules: joining cases
Guide to Subdivision 719‑C
719‑150 What this Subdivision is about
Application and object
719‑155 Object of this Subdivision
Modified application of tax cost setting rules for joining
719‑160 Tax cost setting rules for joining have effect with modifications
719‑165 Trading stock value and registered emissions unit value not set for assets of eligible tier‑1 companies