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question on corporate taxs

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › question on corporate taxs

  • This topic has 2 replies, 2 voices, and was last updated 9 years ago by AvatarJean96.
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  • September 12, 2016 at 6:15 am #340016
    AvatarJean96
    Member
    • Topics: 77
    • Replies: 67
    • ☆☆

    hi how do we divide if there is 2 subsidiary co with more than 51% and another one which is less than 51%

    September 12, 2016 at 6:13 pm #340111
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

    To be a subsidiary the parent company must own more than 50% of the shares! It is not a subsidiary if the ownership does not exceed 50%!!

    September 12, 2016 at 7:47 pm #340150
    AvatarJean96
    Member
    • Topics: 77
    • Replies: 67
    • ☆☆

    thanks for all

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