20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

Dormant company

This topic has 2 replies, 2 voices, and was last updated 4 years ago by Tax Tutor.

Viewing 3 posts - 1 through 3 (of 3 total)

Author
Posts
July 28, 2020 at 8:33 am #578447
Holmes1308
Member
- Topics: 34
- Replies: 16
sir what does it mean for a company to be dormant from a tax point of view(51% group company-CT large company determination)?
July 28, 2020 at 8:36 am #578448
Holmes1308
Member
- Topics: 34
- Replies: 16
Thanks in advance sir.
August 8, 2020 at 2:38 pm #579641
Tax Tutor
Member
- Topics: 2
- Replies: 3965
No activity – you will not have to define it but simply know that if a subsidiary company is stated to be dormant (throughout the AP) then it is NOT treated as a related 51% group company for purposes of determining the relevant profit limit for use within the group
Author
Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.