Selling the family property company
Language: English Series: Estates Gazette ; (8914) 8 April 1989, 24-25(2)Publication details: 1989Subject(s): Summary: Discusses the tax problems that arise when selling a limited company which has assets on which a gain would arise if sold whereby capital gains tax is paid twice, once by the company and once by the shareholders when they sell their shares or liquidate. Explains the solutions offered by the Finance Act 1988 .| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS40717 (Browse shelf(Opens below)) | 1 | Available | 25695-1001 |
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Discusses the tax problems that arise when selling a limited company which has assets on which a gain would arise if sold whereby capital gains tax is paid twice, once by the company and once by the shareholders when they sell their shares or liquidate. Explains the solutions offered by the Finance Act 1988 .