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Accounts question -

TigerPhil · 2016-04-26 11:20:50

Our holding company doesn't trade, but has assets. The subsidiary trades, but doesn't have enough assets. How can I transfer assets to the subsidiary without any tax implications? Many thanks. TigerP.

26-04-2016 12:20PM

#1

TigerPhil

Registered Users, Registered Users 2 Posts: 43 ✭

Join Date: March 2009

Posts: 34

Our holding company doesn't trade, but has assets. The subsidiary trades, but doesn't have enough assets.

How can I transfer assets to the subsidiary without any tax implications?

Many thanks.
TigerP.

0

Comments

#2 27-04-2016 04:22PM

CIARAN_BOYLE

Registered Users, Registered Users 2 Posts: 14,595 ✭✭✭✭

Join Date: December 2007

Posts: 14295

TigerPhil wrote: »

Our holding company doesn't trade, but has assets. The subsidiary trades, but doesn't have enough assets.

How can I transfer assets to the subsidiary without any tax implications?

Many thanks.
TigerP.

This may be useful. So may a phone call for your accountant.

www.revenue.ie/en/practitioner/law/notes-for-guidance/tca/part20.pdf

0