Commentary

D7.511 Structural assets

Corporate tax
Corporate tax | Commentary

D7.511 Structural assets

Corporate tax | Commentary

D7.511 Structural assets

The rules in this division apply for accounting periods beginning before 1 January 2013. For accounting periods beginning on or after 1 January 2013 see Division D7.4.

It is not unusual for life insurance companies to hold subsidiaries as assets of their long-term insurance funds.

For accounting periods beginning on or after 1 January 2007, any such structural asset held in an insurance company's non-profit fund is treated in a way that parallels the treatment afforded to structural investments held by non-insurance companies1. Structural assets are defined as shares, debts and loans shown at lines 21 to 24

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