A1 Ltd owns 90% of the ordinary share capital of A2 Ltd. A2 Ltd owns 80% of
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A1 Ltd owns 90% of the ordinary share capital of A2 Ltd. A2 Ltd owns 80% of the ordinary share capital of A3 Ltd and 70% of the ordinary share capital of A4 Ltd. All companies are UK resident.
(a) Identify any 75% groups within this group structure.
(b) Which of these companies form a capital gains group with A1 Ltd as its principal company?
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