close investment holding company

Related Overviews


More Like This

Show all results sharing these subjects:

  • Financial Institutions and Services
  • Accounting


Quick Reference

A close company that does not exist wholly or mainly as a trading company, a property company letting to third parties, or a holding company of a trading company. Such a company is subject to corporation tax at the full rate on its profits; it cannot benefit from the lower rates and reliefs available to other companies.

Subjects: Financial Institutions and Services — Accounting.

Reference entries