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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.

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26-04-2016 12:20pm

#1

TigerPhil

Registered Users 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.

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#2 27-04-2016 4:22pm
CIARAN_BOYLE

Moderators, Sports Moderators Posts: 14,599 Mod ✭✭✭✭

Join Date: December 2007

Posts: 14299

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

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