What Tax-Neutral Reorganisations (Sections 42–47) Really Mean
Restructuring a business, whether merging entities, shifting assets, separating divisions, onboarding investors, or strengthening risk protection, usually comes with significant tax consequences. Transfers of assets such as shares, property, intellectual property, or business operations would, under normal circumstances, trigger capital gains tax, income tax, VAT, and other tax charges. To support legitimate corporate reorganisations, South […]