VCM74950 - Share loss relief: individual and corporate claimants: individual claimants: type of company invested in: qualifying trading company: condition A: property managing subsidiaries requirement: introduction
»Ê¹ÚÌåÓýapp property managing subsidiaries requirement is one of the four requirements of Condition A at ITA07/S134, and Condition A is one of the four conditions a company must meet in order for it to be a qualifying trading company.
»Ê¹ÚÌåÓýapp property managing subsidiaries requirement is set out at ITA07/S141. It is simply that any property managing subsidiary which the company has must be a qualifying 90% subsidiary of the company. »Ê¹ÚÌåÓýapp terms ‘property managing subsidiaryâ€� and ‘qualifying 90% subsidiaryâ€� are defined at ITA07/S188 and 190 respectively.