More Facts Resolve Tax Risks –
The Media Company Business Sale
AFTER YEARS OF mergers and acquisition involving a number of media-related companies, a dominant holding company emerged. The final step involved is the sale of the main business, with a cash injection into the holding company’s business. The plan was then to distribute the capital profit of the family of companies up to the ultimate holding company, where the funds were required to fund a new series of acquisitions. This meant that dividends had to be declared to the ultimate holding company. Provided that the indirect subsidiary company selling the media business and the various intermediate subsidiary companies fell within a group of company’s structure, where the Read More
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