Section CV 2 — Income Tax Act 2007: Consolidated groups: income of company in group

CV 2 Consolidated groups: income of company in group When this section applies (1) This section applies for the purposes of section FM 8 (Transactions between group companies: income) to an amount derived by a company that is part of a consolidated group, when the amount would be income of the group if the group were 1 company. Income (2) The amount is treated as income of the company. Defined in this Act: amount , company , consolidated group , income , Compare: 2004 No 35 s HB 2(1)(e)