A delisting does not allow investment costs to be written off. The company is transferred from being a public company to a private one.
It is not until liquidation and the company has divested all assets and liabilities and thus dissolved can it apply to be deregistered as a company. After deregistration the tax office will allow a right off of the investment.
Thats my understanding of the tax rules anyway,
A delisting does not allow investment costs to be written off....
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
