Could you confirm the following is correct:- Because property was jointly owned, then upon a relationship property transfer into one party's name, it is treated as being transferred on the same day as the original purchase and so falls outside of the bright-line test.
Read MoreIf a company lends money to a trust, is the company required to accrue interest income? (if so, the trust will mirror the entry as an interest expense). The shareholder and director of the company is also a trustee of the trust.
Read MoreI have a client who has an ordinary company with A & B as directors and 50/50 shareholding which has losses carried forward. They have another company which is a look through company (LTC) with the same shareholding but one of them is a director. Can we do subvention payments to offset the profits in the LTC company?
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