0 used to describe arrangements and agreements between companies: --
inter-company mergers
Inter-company loans can be a useful way of redistributing assets.
It is a little unfortunate when we get into this inter-company wrangle.
The first fruit of that single control was the abolition of inter-company rivalry and strife.
I went on to say that we should insist—most probably through the articles of association—upon a commercial rate of interest being charged upon inter-company loans.
There will therefore be no room for any tax effect to be related to inter-company payments when group relief is claimed.
In any event, we have taken steps by our taxation of inter-company dividends to see that there will be little inducement for passive investment.
That seems entirely illogical in environmental terms and will significantly distort inter-company competition as some companies will get power levy-free when they use it themselves.
This information relating to their directorships is an invaluable source of information in relation to inter-company connections.
Clause 21 is concerned only with inter-company debts, which are of the nature of long-term capital but not covered by a formal security.
