Overseas Loss

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November 24, 2013 at 2:40 pm #147642
anumohan
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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
November 25, 2013 at 8:54 am #147712
Needs to pass
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Where is the residency of the foreign company?
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