Skip to main content
Taxes

Control

When one person has the ability to ensure that another person follows their desires, this is referred to as control. This control can be utilized by individuals and corporations to minimize their tax obligations. In most cases, a company is considered to have control over another company if it possesses more than 50% of the latter's voting shares. However, the exact definitions of control may differ depending on the country and circumstances. Understanding this concept is crucial for navigating the complex world of finance and taxation.

Related terms

Origin principle

Understand the meaning and definition of Origin principle in the context of stock market, trading, and investments.

MORE
Tax sparing credit

Understand the meaning and definition of Tax sparing credit in the context of stock market, trading, and investments.

MORE
Taxable year

Understand the meaning and definition of Taxable year in the context of stock market, trading, and investments.

MORE
Option to be taxed

Understand the meaning and definition of Option to be taxed in the context of stock market, trading, and investments.

MORE
Local tax

Understand the meaning and definition of Local tax in the context of stock market, trading, and investments.

MORE
Expenses

Understand the meaning and definition of Expenses in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91