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Initially I’ve studied that when an entity transfer it’s assets within group, then there’s no capital gains/loss (mentioned in group loss relief topic)
Whereas now (in types of operation – subsidiary topic) it’s mentioned that assets transferred from parent may result in capital gains.
Can you please clarify this for me. There is some understanding issue.
Hi,
Is this on the syllabus? It just sounds too detailed for the F1 exam.
Thanks
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