What Tax-Neutral Reorganisations (Sections 42–47) Really Mean
Restructuring a business, whether merging entities, shifting assets, separating divisions, onboarding investors, or strengthening risk protection, usually comes with significant tax consequences. Transfers of assets such as shares, property, intellectual property, or business operations would, under normal circumstances, trigger capital gains tax, income tax, VAT, and other tax charges. To support legitimate corporate reorganisations, South […]
Expand your business with Zuydam Konsult in the Netherlands
Looking to expand your business into the European Union (EU)? Zuydam Konsult’s office in the Netherlands is dedicated to helping you transcend international frontiers. With our exceptional network of specialists and a wide range of services, we provide the support you need to establish your company, secure essential banking services, and navigate European business environments. […]
Ring-fencing of assessed losses of certain trades – Part 2
Section 20A of the Income Tax Act[1]ring-fences losses incurred by natural persons from certain trades under specific circumstances. If applicable, the natural person will not be able to set off the loss incurred from that trade against the income from any other trade (such as salary or other professional income) and may only set off […]