Angela Lazda UK Head of Tax for Horwath Clark Whitehill and Deepak Malhotra tax adviser to the firm's owner-managed business clients comment on the tax issues involved when selling a business
In this article the tax issues faced by owner-managers when confronted with an opportunity to sell their business are explored.
To sell assets or shares?
The vendor and purchaser are virtually guaranteed to have different objectives.
With a share sale the vendors make a capital gain on the sale of the shares and with the sale of a trading company they will normally benefit from business asset taper relief. They also pass on to the new owners any inherent...
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Angela Lazda UK Head of Tax for Horwath Clark Whitehill and Deepak Malhotra tax adviser to the firm's owner-managed business clients comment on the tax issues involved when selling a business
In this article the tax issues faced by owner-managers when confronted with an opportunity to sell their business are explored.
To sell assets or shares?
The vendor and purchaser are virtually guaranteed to have different objectives.
With a share sale the vendors make a capital gain on the sale of the shares and with the sale of a trading company they will normally benefit from business asset taper relief. They also pass on to the new owners any inherent...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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