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Proposed new interestType: 'control-via-financial-agreement'

Open timgdavies opened this issue 5 years ago • 2 comments

From alca.ai:

In the list of controls, maybe it is worth adding a new code: “loansThinlyCapitalised”.

Take an example with a capital of USD5,000, which obtains funding of USD 10 million. In practice the lender to the company is the real beneficial owner and the company just a shell. This is one of the standard mechanism of controlling companies without having in theory control, which may be worth spelling it out through a separate category

Views on this are welcome.

timgdavies avatar Dec 02 '19 13:12 timgdavies