BUSINESS BOOKS AND REPORTS
Do you have to advise on buying and selling companies, and are you fully versed with the tax issues involved?
The tax aspects of buying and selling companies amounts to around 40% of this type of corporate activity. For those who have to advise on the process from a tax point of view it is vital that their advice is up-to-date, informed and structured. This Report takes you through the buying and selling process from the tax angle. It uses straightforward case studies to highlight the issues and more important strategies that are likely to have a significant impact on the overall taxation position. It is a must for all those who have to advise on the tax aspects of buying and selling companies or who need to have an understanding of the tax issues involved.
Introduction; Taxation issues; Sale of assets or sale of shares?; Inland Revenue clearances and anti-avoidance in general; Advising the purchaser; Protecting losses; Warranties and indemnities; Case study: a corporate vendor; Hive downs and management buy-outs; Appendix: Summary of IR20; Stock dividend scheme; Impact of pre-sale dividend; Using loan notes; Deferred consideration; Taxation of the income of discretionary trusts.