This item asks whether transfers of accumulated profits, accumulated losses, paid-up capital or other assets or reserves were made from any unlisted country CFC or CFT to a related entity in a listed country during the year of income.
Transfer includes sale, acquisition, gift, deed of assignment, declaration of trust or otherwise, with or without consideration - monetary or non-monetary.
Examples of the type of transfers to include are:
- the disposal of an asset to a related entity in a listed country, other than trading stock disposed of in the normal course of business
- the waiving of a debt owed by a related entity in a listed country
- the making of a loan to a related entity in a listed country
- the acquisition of a share, a right to acquire a share, or an option to acquire a share in a related entity in a listed country
- the making of a payment in respect of a call on a share in a related entity in a listed country.
Print either Y for yes or N for no at each of S, T, U and V.