Yvonne Triplett

In the third of a series of four articles by Burges Salmon relating to the sale of shares in private companies, YVONNE TRIPLETT discusses the tax documentation necessary.

IT IS VITALLY  important for a purchaser to seek as much protection as possible when buying shares in a private company. Often the vendors make grandiose claims about the state of the company during negotiations. These need to be reduced to writing and warranted in the contract!