Tolley's Purchase and Sale of a Private Company's Shares: A Summary of Tax Considerations for Vendors and Purchasers

by David Adams (Author), TonyForeman (Author), Michael Taub (Author), David Adams (Author), Michael Taub (Author), Tony Foreman (Author)

• Used

  Hardcover
  1994

  $12.00

  This edition is a practical and detailed guide to the tax considerations for both the purchaser and vendor of shares in a private company. Fully revised and updated to include the provisions of the Finance Act 1994, the book highlights both the opportunities and problem areas for tax planning and describes how anti-avoidance can apply to the various taxes. Recent developments in case law have been included - for example a new chapter deals with the Enterprise Investment Scheme and the chapters on Capital Gains Tax have been considerably expanded to include the new roll-over relief on reinvestment in shares, the disallowance of indexation loosses, the enhanced retirement relief and offshore trusts. The book covers income tax, capital gains tax, inheritance tax, VAT and stamp and capital duties. Short- and long-term financial implications are considered, and background material such as Inland Revenue Statements of Practice, Extra Statutory Concessions, Tax Bulletin and CCAB Press Releases are included.