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Thread: transfer of property ownership from company to individual

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  1. #5
    Junior Member
    Join Date
    Dec 2008
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    5

    Default transfer of property from company to individual

    Would we have to increase the share capital of the company prior to dissolution to avoid the risk of the 7% transfer tax being applied? Would it be likely that the tax office would see the dissolution as an exchange of the property for the "loan" that is on the books.

    if this is the case, presumably there would be costs associted with increasing the share capital?

    regards
    james
    ________
    BUY SILVERSURFER VAPORIZER
    Last edited by chomedey; 03-10-2011 at 09:06 AM.

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