Corporation Tax

This topic has 1 reply, 2 voices, and was last updated 11 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 24, 2015 at 6:07 pm #248518
ismailshah
Member
- Topics: 1
- Replies: 0
Q: do we divide the upper and lower profit limits if 2 companies are controlled by an INDIVIDUAL, or we just do it for a group where a parent company controls the subsidiaries?
May 25, 2015 at 3:47 pm #248840
Tax Tutor
Member
- Topics: 2
- Replies: 3960
Yes you would divide profit limits by 2 if both companies are controlled by an individual! Companies are associated if one is controlled by another or two or more are under common control. That common control may indeed be by an individual,
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.