Groups Flashcards

1
Q

to be a 75% of a sub what must you have

A

75% or more of share cap
be entitled to 75% or more of subs assets on winding up
be entitled

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2
Q

can you surrender your trading loss b/f

A

no

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3
Q

what can you carry forward

A

trade losses

property business losses

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4
Q

do you have to use your own CY loss first

A

no

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5
Q

do you have to use your own BF loss first

A

Yes

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