Corporation tax

Yes it would mean that the dividends were NOT received from associated companies (the correct term) and therefore should be included in the calculation of FII

This is the accruals concept from basic accounting. We know that for tax as with accounting interest is deducted on a payable basis not a paid basis. The interest payable therefore for the y/e 31 March 2015 is the amount paid plus the closing accrual and LESS the opening accrual (this was payable last period but paid this period - hence the need for it to be deducted now from what was paid in deriving the payable figure for this period.

Yes as per OT notes - each direct link must be minimum 75% and the indirect / effective must exceed 50% - therefore 75% x 75% = 56.25% Yes if parent owns 75% of a subsidiary then they are in the gains group and all the gains group provisions apply