Tax Losses 1 of 3: Corporate tax losses – Do you pass the ‘continuity of ownership’ (COT) test?
If your company has past tax losses that haven’t been used as a tax deduction, this tip is for you… Check the conditions under which a company’s past losses may be claimed as tax deductions. The benefits may include significant reductions in corporate tax payable. Owners and directors of companies need to be aware of [...]