Tax-efficient ways to achieve your commercial goals
Tax-efficient ways to achieve your commercial goals
Despite Covid, our corporate tax team have had a very busy 2021 working with clients to achieve their commercial goals tax-efficiently.
Here is a snapshot of what we have worked on:
Achieving your commercial goals with tax-efficient Capital Gains Tax and Stamp Duty advice
Gift of Shares in Trading Company to Family Members
Advice to Irish domiciled, UK tax resident individuals on gifting shares in an Irish resident trading company to Irish resident family members, including Irish and UK Capital Gains Tax (“CGT”) and Capital Acquisitions Tax (“CAT”) as well as advice in relation to the UK remittance basis of taxation.
Advice in Relation to Partition of Family Trading Company
Advice in relation to the partition of an Irish based family trading company, including the availability of Capital Gains Tax (“CGT”) relief.
Merger by Absorption / Merger by Acquisition
We advised an Irish trading group on the tax implications of rationalising its corporate structure by merging companies in the group.
Creation of Corporate Group Structure
Advice to an Irish trading company on expanding its shareholder base and customer reach outside of Ireland, leading to the creation of a holding company structure, with specific focus on the availability of Capital Gains Tax (“CGT”) and Stamp Duty reliefs.
The Voluntary Liquidation of an Irish Trading Company and the Availability of Reliefs
We advised the shareholders in an Irish resident trading company on the tax implications of liquidating their company and the availability of Capital Gains Tax (“CGT”) reliefs including Entrepreneur Relief.
Selling a business – the tax implications for minority shareholders
Advising a senior executive on the Irish tax implications of receiving shares in his new employer’s company, including whether a claim to Entrepreneurs Relief could potentially be made on a future disposal of those shares.
Talk to us about how we can help you. For more details, please contact Tom Mahon or David Kehoe.