Tax Aspects of Buying and Selling a Company, 25th edition (formerly titled: Tax Aspects of the Purchase and Sale of a Private Company's Shares) ties together in one informative book the ever-increasing legislation, case-law and extra-statutory material, that tax advisers need to be aware of when purchasing and selling shares in private companies.
Practical and user-friendly, this popular title provides the tax planning solutions that are found from a commercial and tax perspective, but also strike a happy medium between the buyer's and the seller's expectations.
This indispensable guide is essential reading for accountants, lawyers, tax practitioners, directors, shareholders, potential investors, corporate financiers, company secretaries and all those professionals involved in tax, merger and acquisition planning.
This popular tax annual is written by an expert team at Squire Patton Boggs commercial law firm
Part A: Buying and selling a business Chapter A1: Types of transactions Chapter A2: Preliminary non-tax considerations Chapter A3: Assets or shares Chapter A4: Alternatives to a disposal: purchase of own shares Chapter A5: Alternatives to a disposal: EIS, SEIS, investors' relief and VCT Chapter A6: Pitfalls and tax avoidance Part B: Before the transaction Chapter B1: Individuals: pre-transaction tax planning and entrepreneurs' relief Chapter B2: Individuals: pre-acquisition tax planning Chapter B3: Individuals: pre-sale tax planning Chapter B4: Share transactions by directors or employees Chapter B5: Corporates: pre-acquisition tax planning Chapter B6: Corporates: pre-sale planning Chapter B7: Private equity transactions Chapter B8: Tax clearances Part C: The transaction Chapter C1: Structuring the consideration Chapter C2: Sale and purchase agreement Chapter C3: Impact of sale on employee share schemes Chapter C4: Calculating gains on disposals Chapter C5: Transaction taxes Part D: After the transaction Chapter D1: Post sale issues Chapter D2: Group taxation Chapter D3: Share schemes for directors and employees Appendices Appendix 1: Tax covenant and warranties Appendix 2: Memorandum of Understanding Appendix 3: ESC D33 - Capital Gains Tax on Compensation and Damages Appendix 4: HMRC contacts