Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › dec 2011 drench
- This topic has 5 replies, 4 voices, and was last updated 10 years ago by amjad.
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- November 20, 2013 at 3:21 pm #146987
when hail acquires Rain ltd why the limits are divided by 2 ? why not 4 in previous part ?
November 20, 2013 at 4:09 pm #147000Can you post the part of the question you are referring to?
Also note if there are dormant companies these will not be included in the limits calculation
November 20, 2013 at 6:53 pm #147045because of the group structure. there are only 2 associates in the group Hail is in.
November 20, 2013 at 8:52 pm #147061it is dec 2011 past paper question 1
November 20, 2013 at 9:02 pm #147062ok do elaborate plz when drench acquires Rain ltd we divide the limits by 4 because at that time it was associating with Flake also but when Hail acquires Rain ltd at that time it was not associating with Flake ltd ? thats why there are 2 companies am i right ?
November 21, 2013 at 2:42 am #147089any one have kaplan kit soft copy please send me at
mramjad25@gmail.com - AuthorPosts
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