hreese456
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Since the more involved process of calculating the tax on Dividends is no longer in the syllabus, would we just add the whole amount of Dividends to the RTI?
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Ok I see where my confusion came from, I misread the problem the first time through. Part a asks about Sch P and part b asks about other financial statements, and it seems that Sch P treats intercompany pooling differently and other financial state…
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Is there a reason that the losses in part a that get shared between the companies only fall under "direct and assumed" but the ceded amounts are 0, but in part b the premiums that get shared do count as being ceded?