Is this a CIHC?

Is this a CIHC?

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I transferred the tangible fixed assets of a client into another company (not holding co) that they control, which rents the assets back to the trading company.

No property - just machinery.

Could this company be deemed to be a CIHC? Also if it is classified as an investment company, are it's expenses restricted in any way? If this company was a holding company would this alleviate any issue?

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By User deleted
11th Apr 2013 22:52

Not a CIHC

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