I have a payment (in USD) coming following a PE buyout of the company I work for. The company was PE owned and I have a partnership interest as a staff member (duration of ownership is 4 years). This was structured to be CGT liable. As well as the cash there will be a very small amount of 'dry income' from part of the business which was spun off and is still owned by the original PE. Per our CFO this will be liable as a capital gain now despite there being no cash until a future disposal by the original PE. I 'think' the CGT is pretty simple (% of cash + value of ownership interest in the spin out), but I'm looking to check I am not doing anything wrong, or missing any opportunities. Is this something I'd likely need a specialist to advise on?
16th Oct 2021
CGT following US partnership share payout
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