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Tax/Accountancy Problem

  • 30-06-2011 11:57am
    #1
    Registered Users, Registered Users 2 Posts: 31


    I am having a bit of trouble with a tax/accountancy issue and would appreciate some help.

    I plan on leaving my company to my son, my wife and I own 100% of the shares (1 share each) but we want to take money out of the company before we give it to my son. We want to avoid paying as much tax as we can. I am assuming that my son wont pay any CAT as he still has his full group A threshold but my main concern would be getting the money out of the company without paying any tax.

    any ideas?


Comments

  • Registered Users, Registered Users 2 Posts: 2,094 ✭✭✭dbran


    Yes

    Seek professional advise.

    Kind Regards

    dbran


This discussion has been closed.
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