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27 January 2015
Windy weather; Allowable expense; Middle East muddle; No-show VAT
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Windy weather
Tax-efficient structures for community groups in a joint trading activity?
We have been involved in joint venture arrangements between community groups and investor/developers.
This is typically in the context of developing a wind turbine with profits shared between the developer and the community.
Most often the community group – which has charitable status – will form a subsidiary trading company as a partner in a limited liability partnership (LLP) with the investor/developer.
There may be other investors in the...
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