Re: What's the latest on ltd-co-owned house in Spain?

Sep 06, 2003 1 Replies

Most obscure ways to dodge tax end up with charges in excess of the tax saving. If it involves transferring shares around Europe, I would avoid it and pay the tax.




> This used to be a way to get around CGT - you just transfer the shares
> in the UK company that owns the property.
>
> But I heard it has recently been stopped.
>

No, you transfer the shares in a *UK* ltd co. which owns the property. Trivial.

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