Tax issues on selling large share holding

damolee

I run a business here in Ireland and hold a 75% shareholding. I shortly hope to sell this off, perhaps receiving two payments, one this summer and one in two years time.

Any advice of how to minimize taxation? Can I make lump sum investments or lodgments to my pension tax free?

I'd like to retain as much as possible of the money from selling the shareholding!

kennyb3

damolee wrote: »

I run a business here in Ireland and hold a 75% shareholding. I shortly hope to sell this off, perhaps receiving two payments of a couple of hundred thousand, one this summer and one in two years time.

Any advice of how to minimize taxation? Can I make lump sum investments or lodgments to my pension tax free?

I'd like to retain as much as possible of the money from selling the shareholding!

Go seek professional advice, preferably a tax specialist especially given the significant amounts involved.

seco

I can advise you but need more detail. pm your contact details and I will contact you.