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Tax exemption on asset sales

Language: English Series: Financial Times ; 16 September 1992, 10(1)Publication details: 1992Subject(s): Summary: The Government has restated its determination that companies will continue to be exempt from capital gains tax on the sale of assets when they reinvest the proceeds in a related company.

The Government has restated its determination that companies will continue to be exempt from capital gains tax on the sale of assets when they reinvest the proceeds in a related company.