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27th March 2008 at 4:16 pm
#282
Guest
In a case where S Ltd contracts and completes a purchase for, say, ?10million and immediately declares a dividend in specie of the property to its parent company P Ltd for no consideration is the first transaction a ‘notifiable transaction’?
I would be grateful if someone could confirm the correct practice in relation to the filing of returns to HMRC in this instance.
Kind Regards.