|
A non-active company is a company that has:
- not derived any gross income
- no deductions
- not disposed of any assets
- not been party to any transactions that during the year:
- gave rise to gross income for any person, or
- gave rise to fringe benefits to any employee or any former employee, or
- gave rise to a debit in the company's imputation credit account or dividend withholding payment account.
|