Đã Đóng

Irish tax advice

Job Description:

I have a question about tax consequences regarding a transaction. May I please request an advice from a skilled Irish tax advisor?

The mother company Loreta Canada has currently a receivable in the amount of about 40 mil. CZK against a Company XY (client). As the following transactions are made in Europe, Loreta Canada would like to assign this receivable to its daughter company Loreta Ireland.

Loreta Ireland will have a receivable against a Company XY in the amount of 40 mil. CZK

There are 3 possible scenarios:

Scenario A

The Company XY will sell the shares of Company Z to Loreta Ireland. The value of shares is expected to be about 67 mil. CZK. The purchasing price of the shares will be about 40 mil. CZK. Loreta Ireland will set-off its receivable against the Company XY and will hold the shares in the current value of 67 mil. CZK. Loreta might sell the shares in the future.

Scenario B

The Company XY will sell call option to Loreta Ireland for the shares of the Company Z. Same amounts as in Scenario A. The call option may be called or sold in the future.

Scenario C

The Company XY will sell the call option to Loreta Ireland. Again same amounts as in Scenario A. It might be the case that Loreta Ireland will grant a consent that Company XY can sell the shares of Company Z to some other company (let's call it a Buyer), but the payment for the sale of shares of the Company Z by the Buyer adjusted by the purchasing price for the call option will be sent to Loreta's bank account (instead of the shares themselves). This means that the fulfilment of the option agreement will be in cash and not in shares.

What are the tax consequences for Loreta Ireland in each scenario?

Thank you

Kind regards

Frank Cross

Kĩ năng: Kế toán, Luật thuế, Tài chính, Thuế

Về khách hàng:
( 1 Nhận xét ) Dollar, United Kingdom

ID dự án: #36245081

6 freelancer chào giá trung bình£146 cho công việc này


Hello Frank C., We went through your project description and it seems like our team is a great fit for this job. We are an expert team which have many years of experience on Accounting Lets connect in chat so that W Thêm

£85 GBP trong 2 ngày
(52 Nhận xét)

Hello Sir, I am a Legal Researcher and professional freelance writer. I have learned about your project and thank you for posting and the skills required in the job match with me properly. As practicing lawyer from Thêm

£200 GBP trong 2 ngày
(3 Nhận xét)

Sir, Thanks for post this job. I am a Professional Accounting Expert (Chartered Accountant), My expertise on all types pitch deck plan (business plan), business research writing, Financial Accounting, Audit, Assurance Thêm

£50 GBP trong 7 ngày
(4 Nhận xét)

Hi, I have gone through your project description and it seems like I'm a great fit for this job. I'm a professional software engineer with many years of experience in Accounting, Finance, Tax, Tax Law Let's connect Thêm

£140 GBP trong 7 ngày
(0 Nhận xét)

Hi there! I am confident that I am the perfect candidate for this job, hence I would like to submit my proposal for your consideration. I have rich experience in Accounting, Tax, Tax Law and Finance. In the two years Thêm

£150 GBP trong 1 ngày
(0 Nhận xét)