Question
Throughout the 2023 year of assessment, the shareholding in the Food court Holdings was as follows: Chicken Inn Ltd % Pizza Inn (see below) 5
Throughout the 2023 year of assessment, the shareholding in the Food court Holdings was as follows: Chicken Inn Ltd % Pizza Inn (see below) 5 Creamy Inn (see below) 30 Braai Inn 30 Max Denn 3 Sidean Hango 10 Ronald Peterson 2 Lionel Maze (Director of Chicken Inn Ltd) 10 Members of the General Public 10 100 Creamy Inn ltd % Pizza ltd (see below) 20 Robert Peterson 2 Ruth Peterson (wife of Robert Peterson) 9 Reon Peterson (minor daughter of Robert & Ruth Peterson) 4 Oshean Bisket 14 Sidean Hango 37 Max Denn 10 Misheck Denn (director of Creamy Inn Ltd and husband of Max Denn Loin) 4 100 Braai Inn ltd % Pizza Ltd (see below) 19 Irvine Hobs (director of Braai Inn Ltd) 51 Creamy Inn Ltd (see above) 30 100 You are required to: Determine whether or not Chicken Inn Ltd is classified as a public company or private company for tax purposes. give in column format
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