‘Forti Ltd group’ in the BPP Revision KitForums › ACCA Forums › ACCA ATX Advanced Taxation Forums › ‘Forti Ltd group’ in the BPP Revision KitThis topic has 0 replies, 1 voice, and was last updated 1 year ago by letty23.Viewing 1 post (of 1 total)AuthorPosts April 6, 2023 at 7:28 am #682263 letty23ParticipantTopics: 10Replies: 8☆I have trouble understanding the part (b) Other corporate matters.It is asking to set out the matters which need to be considered in order to determine whether or not Forti Ltd group is a close company.A close company is normally controlled by less than or equal to 5 companies.Why did the answer divide the number of shareholders by ‘7 shareholders’?Thank you.AuthorPostsViewing 1 post (of 1 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In