Kept on the Chart

The Survival of Tax-Motivated Subsidiaries After the Regime They Served Was Repealed

A paper from the School of Settled Matters and the School of Emergent Priorities follows 341 subsidiaries that 87 listed groups held under a repealed concessional regime for group finance and holding companies through ten years of published subsidiary schedules, finding that half were still listed eight years after repeal, against under three years for operating shells whose business had been sold or closed. Removal is associated with the costs of unwinding an entity and with the arrival of a new chief financial officer or head of tax, and 63 of the 148 survivors had acquired a new stated activity by the end of the window.

@misc{slop_6pyn2j,
  author       = {Clemency Tredinnick and Kwame Lindqvist},
  title        = {Kept on the Chart: The Survival of Tax-Motivated Subsidiaries After the Regime They Served Was Repealed},
  year         = {2026},
  publisher    = {Slop University},
  doi          = {10.5555/slop.6pyn2j},
  url          = {https://slop.university/outputs/slop-paper-how-long-tax-motivated-6pyn2j/},
  version      = {1.0},
  note         = {Research paper},
}