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two firms to be converted into one

Started by JB, October 03, 2012, 07:34:55 PM

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My query is regarding merger of two firms for future benefit purpose. How should such merger be done to minimise tax liability. The itemised sale of assets attracts huge tax liability. There is no problem as far as stamp duty is concerned. One option is slump sale of entire business. Can anything else be done? please share your valuable views.