Skip to main content

Your shopping cart is empty

Business purchase/sale transactions – Is it better to sell the company or the business paper?


This paper covers topics such as: 

  • a macro understanding of why a share sale is always better
  • debunking myths: franking credits and high asset cost bases
  • cheating on the sale of pre-CGT shares
  • how tax consolidation has made share sales feasible for purchasers
  • convincing a purchaser to buy the shares rather than the assets
  • extracting non-sale assets and surplus profits from the target company.

Author profile:

Leslie Szekely
Les Szekely BA LLM FTIA first worked as a solicitor and then taught commercial and revenue law at the University of NSW and then at Sydney University. Les joined Horwath in 1984 as a Senior Tax Manager and became a Tax Partner in 1987. Following the recent merger between Horwath and Deloitte, Les became Director of Taxation, Deloitte Growth Solutions. For nearly 20 years his professional career has been dedicated entirely to tax consulting for cross border transactions, business reorganisations, mergers and acquisitions. Les has been extensively published in CCH, Rydges, IBFD and Information Australia on both domestic and international issues. Current at 05 February 2009 Click here to expand/collapse more articles by Les SZEKELY.

This was presented at Annual Tax Forum.

Get a 20% discount when you buy all the items from this event.

Individual sessions

Exploring superannuation

Author(s):  Mark WILKINSON

Materials from this session:

When the taxman comes

Author(s):  Weston RYAN

Materials from this session:

Mobile executives: outbound tax considerations

Author(s):  John MEEHAN

Materials from this session:

Preparing for and conducting tax litigation

Author(s):  Malcolm STEPHENS

Materials from this session:

Recent developments in R&D: Are you maximising your opportunities?

Author(s):  Karen STEIN

Materials from this session:

TOFA – Hedging in practice

Author(s):  Matt HAYES

Materials from this session:

Part IVA - Where are we at?

Author(s):  Allan W BLAIKIE

Materials from this session:

Early stage venture capital limited partnerships

Author(s):  Gareth KIRKBY

Materials from this session:

The business of backyard developers

Author(s):  Yvette PIETSCH

Materials from this session:

Further details about this event:


Copyright Statement