by Fletch on Tue Jan 10, 2006 3:57 am
I've been reading about the new "corporation Tax Exemption for the capital gains of companies with substantial shareholdings in other companies."
I have a UK Ltd, and was wondering whether I can obtain corporation tax exemption for my company by setting up a UK holding company that owns the existing Ltd.
I furthermore envisage that the UK holding company can be owned by on offshore company e.g. im the British Virgin Islands.