Hi,
If in a company group structure we setup a child company which takes a loan from another child company which is profitable and the purpose of the new company is 100% to trade in equities, commodities and ETFS then what is the corporation tax rate of the new child company 12.5 or 25%?
Thanks in advance for the valuable advice
If in a company group structure we setup a child company which takes a loan from another child company which is profitable and the purpose of the new company is 100% to trade in equities, commodities and ETFS then what is the corporation tax rate of the new child company 12.5 or 25%?
Thanks in advance for the valuable advice