Taxworld blog

    Taxworld blog

    Paul Cantwell

    Managing Director at Cantwell Corporate Finance Limited.
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    Recent Posts

    Why specialist valuations are essential

    Posted by Paul Cantwell on 23 May 2019

     

    In recent years, Revenue have started to look more closely at transactions between connected parties such as owners and their company, family members and shareholder buy-outs in closely controlled companies. This happens particularly where share buy-backs occurred and also where retirement or entrepreneurial relief was availed of by one of the exiting shareholders. Whilst these transactions are undertaken for bona fide reasons such as succession planning, Revenue are more concerned about maximising the tax yield.

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