The group structure below shows holdings in ordinary shares in other companies. All of the companies are

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The group structure below shows holdings in ordinary shares in other companies. All of the companies are UK resident except for O Inc which is resident in a non-EEA country.

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The results for each of the above companies for the accounting year ended 31 March 2010 are as follows (all profits and losses are trading profits and losses):
£ £
X Ltd Loss (40,000) D Ltd Profit 35,000 B Ltd Profit 60,000 O Inc Loss (30,000)
A Ltd Profit 103,000 E Ltd Loss (2,000)
C Ltd Loss (70,000)

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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