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Members Voluntary Liquidation - Anti Avoidance rules?

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  • 09-12-2012 7:36pm
    #1
    bluesteel
    Registered Users Posts: 228 ✭✭


    I am considering forming a company for my Internet services business, I am currently a sole trader but I have a significant Capital Loss which I could offset against a Capital Gain assuming my business continues to be profitable...

    I know that you can't form and liquidate a company every year in order to extract profits at Capital Gains Rates but I can't find clear guidance on the specific Anti-Avoidance rules.

    I've seen mention of a 3 year rule but can't find the source,

    Does anyone have specific information?

    Thanks
    Tagged:


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