A parent undertaking and its subsidiary or subsidiaries. In UK tax law, two or more companies constitute a group where one company holds more than 50% of the shares in the other(s). This test is usually applied to the voting share capital only. Where there is a group of companies, the availability of the lower rates of corporation tax is restricted.
A statutory book that public companies are required to maintain, recording the interests of persons who have a 3% or greater interest in any class of the company's voting share capital.
