PURP and current accounts between P and SS

This topic has 2 replies, 2 voices, and was last updated 8 years ago by mansoor.

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June 24, 2017 at 8:32 pm #394005
mansoor
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Good evening

if here is trading between Parent and subsub, the same rules apply as they do to trading between P and S?

regards!
June 25, 2017 at 11:40 am #394022
P2-D2
Keymaster
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Hi Mansoor,

Yes, as the sub-subsidiary is part of the group then the same rules will apply for trading with the parent, so eliminate any intra-group balances, PUPs etc.

Thanks
June 25, 2017 at 12:04 pm #394023
mansoor
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thank u!
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