Sale and Purchase of a Business 2023 – The Tax Implications - 7 November 2023 (On Demand)
1.25 CPD Hours
Description
Know what you are walking into before signing on the dotted line
In absence of a specific capital gains tax, a sale of shares or certain capital assets can be tax free to a vendor. In contrast a sale of some intellectual property, depreciable property and revenue account assets can give rise to taxable gains. From a purchaser’s perspective, a purchase of shares or assets gives rise to important tax implications.
This webinar will cover:
- Market value requirements.
- Tax and GST issues when transacting shares or assets.
- Tax clauses in sale and purchase agreements.
- Other tax matters including: share transactions in look through companies, franchise transactions, earn outs, deductibility of feasibility costs and legal fees and etc.
Join this webinar as a time efficient way to prepare for your next sale and purchase engagement.
ORIGINAL BROADCAST DATE
7 November 2023
LEARNING OUTCOMES
A good overview and understanding of the income tax and GST issues associated with the sale and purchase of a business.
SUITED TO
Accountants, lawyers, business owners.
PRESENTER
Maurits van den Berg, Senior Manager, Taxation Services, Baker Tilly Staples Rodway.