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Hi there,
If an overseas company is making loss, how would you treat it within a UK group structure where the main company H Ltd owns 75% of L Ltd (UK Co) 100% of overseas co M Inc and 10% of T Inc (overseas co too)
M Inc is making a loss here of £300k whereas H and L are making profit at £690k and £350k respectively. T Inc is making a profit of £580k I’m stuck on how you’d use M Inc’s loss in this structure?
Any help is appreciated.
Thanks
Anu
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