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Tax when forming limited company?

requestgo · 2014-02-04 12:21:13

I am considering setting up a limited company in Ireland with a friend and would like to pay for shares of new company using some other securities. Is this going to create CGT liability if there exists potential gain on those securities? My goal is to create holding company and would like to transfer those securities…

04-02-2014 12:21pm

#1

requestgo

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Join Date: February 2014

Posts: 4

I am considering setting up a limited company in Ireland with a friend and would like to pay for shares of new company using some other securities. Is this going to create CGT liability if there exists potential gain on those securities?

My goal is to create holding company and would like to transfer those securities without need of selling them, paying CGT and buying smaller amount by the limited company.

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Comments

#2 04-02-2014 9:58pm

Marcusm

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You'll need more specific advice as while there are reliefs available in analogous circumstances, you have neither provided sufficient info nor do I suspect that such tailored advice would find favour with the mods.

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