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Augmented Profit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Augmented Profit

  • This topic has 2 replies, 2 voices, and was last updated 6 years ago by adarsh1997.
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  • February 24, 2020 at 12:54 am #562869
    adarsh1997
    Participant
    • Topics: 646
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    • ☆☆☆☆

    Hello,

    -If a company received dividend from both 51% shareholding(lets say 3 51% companies) and also dividend from unconnected companies or less than 51% shareholding, how we would calculated the augmented profit? Using the 51% shareholding companies as reference or unconnected & less than 51% shareholding?

    Thanks

    February 29, 2020 at 4:25 am #563491
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    EXCLUDE dividends received from subsidiary companies in computing augmented profit

    February 29, 2020 at 4:31 am #563493
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Thank you.

    Therefore TTP + unconnected & less than 51% shareholding?

    Thanks

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