Substantial interest defined as control via voting shares or profit entitlement, determining tax attribution and aggregation rules. The explanation defines substantial interest for tax purposes: for companies, beneficial ownership of shares carrying a threshold portion of voting power ... Summary
Substantial interest defined as control via voting shares or profit entitlement, determining tax attribution and aggregation rules.
The explanation defines substantial interest for tax purposes: for companies, beneficial ownership of shares carrying a threshold portion of voting power (excluding fixed dividend only shares), and for other concerns, an aggregated entitlement to a threshold portion of profits, with aggregation permitted with specified associated persons during the previous year.
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