Ostroff, Fair and Company
*Ostroff, Fair and Company>>>United Kingdom Taxes

Can a UK company buy an overseas company with pre-tax earnings and offset the cost against income?


I.e. UK Limited company earns 拢x and buys Canadian business for $y. Does this reduce the UK limited company's corporation tax liability to 拢x - $y? Any help / advice / links to more info appreciated.

yes they can. it's a good question well met
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