Hi, i'm doing a study into corporation tax, and i'm a bit stuck I'd be absolutely indebted to anyone who could help me....
My study is about a company who is looking to diversify into a new and risky market...they are unsure whether to either diversify within their current company, or to set up a new subsidiary for the new venture into this risky market....i'm looking to tell them about the tax advantages and disadvantages of each of these two options....i've got group loss relief as an advantage of the subsidiary, but i'm so stressed out im braindead as to the rest of the advantages and disadvantages of the rest of the two alternatives.....maybe something to do with Taper Relief???
God, please anyone I could really do with a nudge in the right direction!!
Thanks!! Rich