Investment by company in partnership firm

Tax planning 449 views 1 replies

Dear Friends,

There is a situation in which A private Limited company want to become partner in partnership firm.

What would be tax implecations, Would it be wise to become a partner in an existing firm or start a new subsidiary company??

Thanks in advance.

Replies (1)
partnership firm and subsidiary has its own benefits and limitations. the co. should properly evaluate both situations and then decide which one to select. sometimes selection also depends on line of business that the co. wants to invest in.


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