participation exemption
C2CEFR level
93/100Rarity: very rare
TechnicalRegister
A regime exempting dividends and gains on qualifying shareholdings from corporate tax to relieve economic double taxation.
Routing the disposal through the holding company lets the group rely on the participation exemption.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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