SDLTM34410 - Application of exemptions and reliefs: Group relief

A Ltd owns 100% of the issued share capital of B Ltd and C Ltd.

B Ltd and C Ltd own a 50% each partnership interest in ‘The Partnership’.

The partnership owns 100% of the issued share capital in E Ltd and F ltd.

Where ‘The Partnership’ in the structure above is a Scottish Partnership (SP) or a Scottish Limited Partnership (Sc LP).