An IOM registered Company owns several blocks of flats in UK, so earns rentals
Rents declared annually, losses made/available so no CT paid in UK or IOM (CT is 0%)
Are those assets classed as Residential or Commercial? - they are residential units which are owned for 'commercial' purposes.
If a building of is sold at a profit, does the Company pay Corporation Tax or Capital Gains Tax on the sale.
Can trading losses b/f be offset against the gain?
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