Tax planning for non-UK property companies
Article Abstract:
Methods of reducing the tax liability of a non-British property company operating within the United Kingdom are discussed, using a question and answer format. Among the tax planning concepts discussed are: operation through a company resident in the UK, operation through a non-UK corporation that has a UK branch operation, or operation through a non-UK resident corporation. For non-resident operating organizations, a favorable country of residence would be Guernsey, since this country would tax operations at 20 percent (rather than the 35 percent taxation levied by Great Britain).
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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Consider CGT before going to the USM
Article Abstract:
Questions and answers are given on a capital gains tax planning cases in which the company proprietor is considering a USM flotation in approximately three years. Among the topics discussed are included: standard capital gains tax planning techniques, gifting shares in a business to reduce taxable basis, establishing and emigrating a UK Trust, inheritance and income tax problems in Britain, trustee eligibility and British court cases related to each of these concepts.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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How to purchase a 'clean company.'
Article Abstract:
The tax and commercial liabilities to be considered when purchasing a reorganized company are discussed. Capital gains tax provisions as applied to the disposal of companies are described. Methods for gaining an exemption from stamp duty and for the continuation of trade are discussed.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1987
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