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SALE-OF-SHARES


Dulcie Daly (Goodwin) considers the complexities that can arise for taxpayers when share sale proceeds include deferred amounts.

Jeremy Webster (Pinsent Masons) answers a query on a sale of a business by way of hive down and subsequent share sale.
 
Gareth Miles and Greg Price (Slaughter and May) consider what the abolition of relief for acquired goodwill tells us about UK corporate tax policy-making and look at the practical implications for commercial transactions.
 
Andrew Loan (Macfarlanes) reviews Prowting Trustees v Amos-Yeo concerning the rectification of a share transfer allowing a disposal to qualify for entrepreneurs’ relief, and considers the impact of inadvertent mistakes failing to achieve the desired tax result.
 

Andrew Levene (BKL) answers a query on the sale of residential property owned by a company.

Thomas Dalby (Gabelle) answers a query on a client company with shareholders that have unequal holdings but agreed to split the proceeds of sale equally

Adam Craggs (RPC) takes a look at the First-tier Tribunal decision in Rotberg, and the extent of the tribunal’s jurisdiction

Emma Hardwick considers the point during sale negotiations at which a target may lose the ability to surrender or receive group relief

Malcolm Pengelly answers a query on when a holding company is dormant

Nigel Giles answers a query on the taxation of a redemption premium.

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