Syllabus A4b. The Scope Of CT 5 / 9

i) Identify and calculate corporation tax for companies with investment business. 

ii) Close companies:
- Apply the definition of a close company to given situations
- Conclude on the tax implications of a company being a close company or a close investment holding company

iii) Identify and evaluate the significance of accounting periods on administration or winding up

iv) Conclude on the tax treatment of returns to shareholders after winding up has commenced

v) Advise on the tax implications of a purchase by a company of its own shares
The Scope Of CT