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That would be the logical outcome. There would be no need to support the arrangement unless it were challenged by HMRC.
I would suggest that it would be inadvisable to attract attention. Just make normal declarations unless challenged.
No, dividends do not reduce the CT liability.
Dividends do not affect the Corporation Tax liability.
You do not seem to rasp the difference between tax returns and share sales.
There is no need to explain unless HMRC require disclosure.
Yes, but remember thatyou have an Annual Exempt Amount (AEA) of 12.3K to offset profits.
Sorry, I do not cover Cypriot taxation and must opt out.