CTM03945 – Small profits rate: financial year 2023 onwards … – GOV.UK

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A company is not treated as an associated company of another company if it carries on the business of making investments and throughout the accounting period it:
The meaning of business for the purposes of s18E(3) is considered in CTM03590 and CTM03591.
A company is a passive company for an accounting period if the following conditions are met:
A distribution is an exempt distribution of a qualifying kind if it is:
See CTM03915 also.
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