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Question 2c
Tax rates
TX / ATX Tax Rates and Allowances J18 - M19
Your manager has forwarded an email to you from Ms Driver, the acting finance director of Set Ltd.
Background information from your manager and the email from Ms Driver are set out below.
Regards
Ms Driver
Required: Provide the explanations requested in the email from Ms Driver.
The following marks are available:
(c) Dee Co and En Co – controlled foreign company (CFC) charge. (4 marks)