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Hi Alan, Director J is 100% shareholder in company A which holds a golden share in company B with 100% of ordinary shares owned by J. J had a credit balance on directors loan account with company A and a debit balance on directors loan account with Company B. The group has now been liquidated and Revenue are seeking to charge J income tax on the write off of the loan from company B. Is there any way to claim an offset of the credit balance on directors loan with company B to reduce the income tax due on this write off? Thanks David

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Asked on 15 February 2018 1:58 pm
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