Recorded Webinar: When a Company Sells a Business – Effective Tax Strategies

Don’t ignore tax considerations on sale of a business. You need to ensure serious tax planning takes place well before the deal is done. This session looks at the main tax considerations when a company sells a business:

• Sell business or shares? – when you should do it and how from a tax perspective
• Tax risk in purchase of assets compared to shares
• How to distribute profit on sale – the tax efficient options
• Tax issues for vendor selling business assets:
  • apportionment of sale price
  • land and buildings
  • plant and equipment and leases
  • leased premises
  • trading stock
  • debtors
  • goodwill
  • licence and franchise rights
  • restrictive covenants
  • work in progress
  • prepayments
  • employee entitlements
  • intellectual property
  • post sale assets
• Tax considerations for the purchaser:
  • apportionment of purchase price
  • land and buildings
  • plant and equipment and leases
  • lease premiums
  • trading stock
  • debtors
  • work in progress
  • prepayments
  • annual and long service leave
  • warranties and indemnities