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Where Taxpayers and Advisers Meet

Sale of shares

Joined:Wed Aug 06, 2008 3:24 pm

Postby saba » Thu Sep 07, 2006 1:10 am

We are selling the company's subsidiary to another company. (SSE is not available) However the proceeds will be spread over a number of years and are dependant on the company's future profits.
Is there a way of deferring the payment of capital gains tax or is it all payable upfront.

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