Disposal of partnership building

Posted by ChrisMartin PM | on Thu, 26/07/2001 - 14:10 363 1 comment | report

9 partners own head office jointly.

Want to sell it at market value to a (S226) pension fund to which only 6 partners contribute. Will then be leased back to partnership.

What's the CGT implication for the partners?

Chris Martin

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AccountingWEB | Fri, 27/07/2001 - 17:20