Capital Gains Tax
Capital Gains Tax (CGT) charges occasionally arise under tax legislation in the UK or overseas following the sale or transfer of companies or shares. American Appraisal assists clients by:
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Providing our opinion of the market value of an asset in a transaction to set either the deemed sale proceeds or the base cost for CGT purposes.
Assessing the level of tax that may be triggered by a potential transaction for negotiation or tax structuring purposes. This may be a current capital gains tax charge or a CGT charge that has been deferred and will be crystallised under the transaction as a degrouping charge based on the market value at the time of the original transfer.
Supplying our opinion of the base cost of investments and assets as at 31 March 1982 required by the change in the Capital Gains Tax legislation in 1982.