Holding Companies and Their Published AccountsGee & Company (publishers) Limited, 1931 - 315 էջ |
From inside the book
Արդյունքներ 28–ի 1-ից 5-ը:
Էջ 40
... earning profit . Shareholdings in Subsidiary Companies are generally Fixed Assets Except in rare cases , such as where a finance company temporarily acquires a controlling interest in another concern which is being disposed of ...
... earning profit . Shareholdings in Subsidiary Companies are generally Fixed Assets Except in rare cases , such as where a finance company temporarily acquires a controlling interest in another concern which is being disposed of ...
Էջ 47
... earning capacity in 19 .... ) Shares Debentures ( Nominal £ ...... ) .. Debts due from Subsidiary Companies Example 14 Shareholdings in Subsidiary Companies : A ....... Company Ld ....... shares of £ 1 each at cost B ....... Company Ld ...
... earning capacity in 19 .... ) Shares Debentures ( Nominal £ ...... ) .. Debts due from Subsidiary Companies Example 14 Shareholdings in Subsidiary Companies : A ....... Company Ld ....... shares of £ 1 each at cost B ....... Company Ld ...
Էջ 56
... paid out of the profits earned before the date of purchase of the shares by the holding com- pany , and , consequently , in the hands of the latter this divi- dend is a reduction of the cost and has been so treated . It is of the utmost ...
... paid out of the profits earned before the date of purchase of the shares by the holding com- pany , and , consequently , in the hands of the latter this divi- dend is a reduction of the cost and has been so treated . It is of the utmost ...
Էջ 57
... paid for by him . Cases are not unknown where the articles of association of companies formed to acquire shares in other companies in such circum- stances contain clauses providing for the payment of dividends out of profits earned ...
... paid for by him . Cases are not unknown where the articles of association of companies formed to acquire shares in other companies in such circum- stances contain clauses providing for the payment of dividends out of profits earned ...
Էջ 59
... earning capacity is generally the real test , that is to say the extent to which the aggregate earnings of the subsidiaries ( after deducting losses ) represent a fair return on the total cost figures which appear in the balance sheet ...
... earning capacity is generally the real test , that is to say the extent to which the aggregate earnings of the subsidiaries ( after deducting losses ) represent a fair return on the total cost figures which appear in the balance sheet ...
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Common terms and phrases
31st December according acquired Advances amalgamation amount applicable assets assets and liabilities Auditors Bank Bills Bonds Capital carried Cash cent CHAPTER charge company's concerns consideration consolidated balance sheet Contingent Corporation cost CREDITORS Cumulative Current Debenture December 31 Deduct Depreciation directors Dividends earned ended examined example expenses Forward fully paid Fund given goodwill Guarantee hand held holding company Income Tax Increase Interest Investments Issued Less liabilities LIMITED Loans Loss Account March Mortgage Notes obtained operations opinion Ordinary Shares paid panies parent payable period PLANT position Preference Shares premium prepared Profit and Loss Property proportion provision published purchase received regard representing Reserve respect Securities separate share capital shareholders shown statement Stock Sub-subsidiary subsidiary companies subsidiary undertakings SUNDRY Surplus taken Telegraph Telephone tion trading transfer United whole written
Սիրված հատվածներ
Էջ 69 - Whether in their opinion, the balance sheet referred to in the report is properly drawn up so as to exhibit a true and correct view of the state of the company's affairs according to the best of their information and the explanations given to them and as shown by the books of the company.
Էջ 2 - ... in every such report shall state whether, in their opinion, the balance sheet referred to in the report is properly drawn up so as to exhibit a true and correct view of the state of the company's affairs as shown by the books of the company, and such report shall be read before the company in general meeting.
Էջ 129 - ... it has been charged to tax by deduction or otherwise, and has not been charged in respect of its profits in accordance with the rules applicable to Case I of Schedule D...
Էջ 101 - CONSOLIDATED RETURNS FOR YEAR 1917 SEC. 1331. (a) That Title II of the Revenue Act of 1917 shall be construed to impose the taxes therein mentioned upon the basis of consolidated returns of net income and invested capital in the case of domestic corporations and domestic partnerships that were affiliated during the calendar year 1917.
Էջ 132 - What is the line which separates the two classes of cases may be difficult to define, and each case must be considered according to its facts; the question to be determined being — Is the sum of gain that has been made a mere enhancement of value by realising a security, or is it a gain made in an operation of business in carrying out a scheme for profitmaking?
Էջ 133 - NICHOLSON, now thirty years ago, involved the principle that a company resides for purposes of income tax where its real business is carried on. Those decisions have been acted upon ever since. I regard that as the true rule, and the real business is carried on where the central management and control actually abides.
Էջ 2 - ... of a subsidiary company have been taken into account by the directors of the holding company in arriving at the profits and losses of the holding company as disclosed in its accounts...
Էջ 4 - If in the case of any accounts the requirements of this section are not complied with, it shall be the duty of the auditors of the company by whom the accounts are examined to include in their report thereon, so far as they are reasonably able to do so, a statement giving the required particulars.
Էջ 3 - ... the profits or losses of a subsidiary company mean the profits or losses shown in any accounts of the subsidiary company made up to a date within the period to which the accounts of the holding company relate, or, if there are no such accounts of the subsidiary company available at the time when the accounts of the holding company are made up, the profits or losses shown in the last previous accounts of the subsidiary company which became available within that period.
Էջ 3 - ... the total of the amount paid to the directors as remuneration for their services, inclusive of all fees, percentages, bonuses and commissions or other emoluments paid to or receivable by them by or from the company or by or from any subsidiary of the company, and inclusive of commission paid or payable for subscribing or agreeing to subscribe or procuring or agreeing to procure subscriptions for any shares in or debentures...