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Sale and purchase of a business – common tax issues
When buying or selling a business, tax is treated differently depending on whether the sale is an assets sale or a share sale. There are often tax implications if either party gets it wrong, so it's best to talk early with a professional tax advisor to make sure you get it right. The information here is a high level overview of common tax issues worth considering.
This information is intended as general guidance only, you should also seek professional advice about your specific business sale.
• It's important how the sale is structured
• Key issues in a sale and purchase of a business
• Other tax compliance requirements to consider when a business is sold
• Assets sale or purchase of a business - common tax issues
• Share sale or purchase of a business - common tax issues
Click here for more info - http://www.ird.govt.nz/yoursituation-bus/ceasing/business-ceasing-common-tax-issues.html