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The following Tax Technology products have either been announced or released.

Tax Consolidator™

Tax Consolidator is a suite of programs which streamline various aspects of the new consolidations regime.

The first two program released are Tax Assets Consolidator which calculates the tax cost setting amounts of the group's assets and Tax Losses Consolidator which handles the initial and ongoing calculations relevant to tax losses within a consolidated group.  See comments below for more details.

Tax Consolidator™ - PreCGT Calculator

The purpose of this free calculator is to highlight the impact that consolidation will have on the pre-CGT status of shares held in wholly owned resident entities. This product is available now.

Tax Assets Consolidator™

The first program of the Tax Consolidator suite is Tax Assets Consolidator™ which automates calculation of the tax cost setting amounts for each of the group's assets, including the calculation of the allocable cost amount for each subsidiary entity.

It includes a built-in NPV comparison of depreciation and CGT using existing values and tax consolidation values. This program is available now.

Tax Losses Consolidator™

This program, available now, handles the requirements relating to losses including loss bundles, loss 'sorts', transferred losses, group losses, transitional concessions, loss ageing etc.

The program provides the most cost effective means of handling initial and ongoing compliance requirements of tax losses within a consolidated group.

The program does not require any other program of Tax Consolidator to be installed. 

Copyright © 2005 Tax Technology Pty Ltd
Last modified: January 03, 2005