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If A Ltd, B ltd and C ltd own D ltd in a consortium, and are entitled ro have relief on loses, doe’s D count as an associate for if the ownership is under 50%(for that company) for Corp tax levels?
Does D have any associate for Corp tax of 35:35:30 split?
I think not but doubting myself
No – companies are only associated when one company CONTROLS another or two or more companies are under common control.
In your example above if A Ltd owned 55% of company D while B and C own say 15% each then again a consortium exists but A and D are also associated
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