Investment & Investing

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ChasnotRobert in reply to @jaitch

Yes, it was a bit tongue in cheek about how a tax authority could legitimately argue against retained profits in a business. Maybe they can, but I've not heard of it before.

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NotThamesWater in reply to @ChasnotRobert

I think it applies in a narrow case, where the company is wound being wound up, rather than an ongoing concern, and it applies to the shareholders, rather than the company.

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