Corporate partners & associated companies | AccountingWEB

Corporate partners & associated companies

A partnership is made up of a mixture of individuals and limited companies.  For associated company purposes, it seems to me that the corporate partners will be treated as carrying on a business, but what if in a particular year, one of the companies does not actually receive any share of the profits?  Would it still count as an associated company for those which did have profit shares?

There are 2 comments. Login or register to view them.


Steve Kesby |
Steve Kesby's picture

Thanks for that. 

lizmoss |