Originally posted by Lance
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Adding a foreign shareholder
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Originally posted by kazh View PostOh man, so hard to just give someone money without such an unfair tax!
And is it worth giving up 50% control in your company?…Maybe we ain’t that young anymoreComment
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Originally posted by kazh View PostSorry, yes, I understand, and since that is the case, there seems little difference in just giving gift to a friend who isn't a share holder
That’s A lot simpler than your option.See You Next TuesdayComment
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This thread has mostly focussed on the gifting element of the friend receiving the shares.
If the friend bought the shares at market value, then most of the points raised are addressed.
I think you should retain a majority shareholding so go 51 49Last edited by fidot; 31 October 2020, 09:18.Comment
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Originally posted by zonkkk View PostObviously tax evasion.
Pay your taxes and THEN you can give ALL your money away.See You Next TuesdayComment
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Originally posted by Lance View Posteven a spouse would count as having the shares gifted if they were, well gifted.
Me. I sold my shares to my wife. £1 and a BJ each
your friend could buy the shares. If (s)he pays fair market value then it's not a gift.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by WTFH View PostNow we’re getting to it - what “unfair” tax are you trying to evade?
And is it worth giving up 50% control in your company?Comment
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Originally posted by fidot View PostThis thread has mostly focussed on the gifting element of the friend receiving the shares.
If the friend bought the shares at market value, then most of the points raised are addressed.
I think you should retain a majority shareholding so go 51 49Comment
Topic is closed
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