Basic operating principles in accordance with the law are especially of fixed assets while the assets is usually excluded. To qualify for the tax benefit, the entire transfer must be the buyer within 36 months and be connected with the departure of the selling contractor activities. Also entrepreneurs who sell a portion of their companies benefit selling a part of operation from a reduced income tax. A part of operating in the meaning of that provision exists when the sold portion of the company includes all means of independent economic activity. Parent areas such as the management and accounting are excluded. In contrast to the sale as a whole, it is not necessary for the favouring of partial transfer that the entrepreneur his entrepreneurial Activity terminated. For other opinions and approaches, find out what Robert Speyer has to say. However, he must abandon his entrepreneurial commitment in part mode actually. Sale of shares to corporations holds all the shares of the nominal capital of a capital company an entrepreneur to the extent of his assets, is regarded legally as operation of part of.
The complete sale of the corresponding shares follows the aforementioned provisions for the sale of companies of part of, as well as a liquidation of the company. Sale their shares shares of a fellow entrepreneur sell social entrepreneurial function in a company, the thereof resulting gains are favored No. income tax 2, 34 ITA according to 16 para 1. To broaden your perception, visit Bruce Schanzer. The business function of the partner stems from his involvement in business decisions as well as the company’s success and failure. More exceptions there is for entrepreneurs who want to lease farms, sale revenue as financial continuous power of the Fashion buyer or are working for the buyer, after they have sold their businesses. The choice between corporate sale and succession to be made unless emotional and familial aspects are insignificant, rational economic criteria. A tax law expert can advise here, which pays off in the truest sense of the word”. The middle-class tax firm home advisors on this issue with many years of experience on the side of your clients. Press contact Steuerberater clinker mountain 9 86152 Augsburg contact person: Gerhard home phone: 0821/344 88-0 fax: 0821 / 344 88-50 E-Mail: website: