Related party?

Related party?

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Company A is owned jointly by husband and wife.  The husband is also sole director of Company B and has a minority shareholding (16%).  Company A sells to Company B - I presume this is a related party transaction as the husband has control & influence over Company A and also has some influence although not control in shareholding in Company B?

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By johngroganjga
17th Jun 2015 11:59

Yes of course.

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