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cgt and companies
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any accountants out there?
If a company's only profit is say from share trading, is the corporation tax at 21% or the CGT rate of 18%.
Would the Revenue assume it has investment company status and tax it at 28%
If a gain is made from share trading of say X, can it be eliminated by directors remuneration to bring the liability to nil?
If a company's only profit is say from share trading, is the corporation tax at 21% or the CGT rate of 18%.
Would the Revenue assume it has investment company status and tax it at 28%
If a gain is made from share trading of say X, can it be eliminated by directors remuneration to bring the liability to nil?
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