Register now or log in to join your professional community.
The amount of profit attributable to the non-controlling interest in a90% subsidiary is equal to:1.10% of the group profit before tax2.10% of the group profit after tax3.10% of the subsidiary's profit before tax4.10% of the subsidiary's profit after tax
Holding company is holding90% equity of the subsidiary. Accordingly90% of the profits will be attributable to the holding company. The rest10% would be attributaed to the Non-controlling interest (Minority Interest).
Option3 is the right answer. This option is ok as far as group taxation applies. If the group taxation is not allowed, then option4 will be the right answer.
I think the question would be now well understood.
Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.