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Okay, so exploring this example further, do the UK company and the Luxembourg company need to have the same owners (or linked owners, e.g. family members) for t
by ZenoArrow 11y ago
Okay, so exploring this example further, do the UK company and the Luxembourg company need to have the same owners (or linked owners, e.g. family members) for this to work?
- SilasX 11y agoYes. (Btw, might be more efficient for you to flesh out the implications of a question like that in same comment, so the exchange doesn't have to wait for the response if you want to pre-empt it.)
- ZenoArrow 11y agoI don't mind waiting for responses, find it best to keep focused on only one or two points, hope that's alright. So if the companies are linked through their owners, could we not have more restrictions placed on sales made between companies that have the same/related owners? Could government bodies oversee such sales to check for market manipulation?
- toyg 11y agoWelcome to the world of stooges. There is a queue of people ready to sign anything in exchange for quick cash. It's fairly common in Italy, and only caught when such intermediaries turn out to be exceptionally poor. Doing this cross-border becomes extremely difficult, unless you set up an EU-wide body charged with doing that, and you integrate databases, and before you know it, you have an EU body tasked with enforcing EU-wide fiscal policy, and somebody will have to set that policy, and a real EU government will be born. I would all be in favour of that, tbh; but I don't see it happening anytime soon across 28 countries.