Commentary

V7.184 Transfer of a going concern—sale of shares

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.184 Transfer of a going concern—sale of shares

Part V7 Tax planning | Commentary

V7.184 Transfer of a going concern—sale of shares

When there is a transfer of shares in a limited company from one person to another the assets still belong to the limited company. There is no change in the ownership of the assets and therefore no supply to which the transfer of going concern provisions could apply.

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