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can overseas company surrender/transfer trading loss/capital loss?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › can overseas company surrender/transfer trading loss/capital loss?

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  • September 4, 2015 at 5:17 pm #269858
    acopolis
    Member
    • Topics: 2
    • Replies: 9
    • ☆

    Dear Sir

    I know that associated companies include overseas companies. 75% groups (chargeable gains) include overseas companies. do 75% groups (trading lose) include overseas companies?

    can the capital/trading loss transfer to overseas companies?

    thanks in advance!

    September 6, 2015 at 11:54 am #270049
    Tax Tutor
    Member
    • Topics: 2
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    Not required knowledge at F6 where you simply need to know about associated companies – for your own information however you may assume that overseas companies are not eligible to be in the group for purposes of either group relief or gains group membership.

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