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...In the wake of the invasion, Pamplona said it wanted to end all “direct or indirect exposure to any Russian capital” — a step that could be achieved by either selling LetterOne’s stakes or the companies...
...Appointing solicitors before you have a purchaser puts you in the best position to progress with a sale as quickly as possible....
...Nic Arnold, UK head of JTC Private Office, says that the tax considerations involved for the purchasers of superyachts revolve, in part, around the tax regime where the owner is resident....
...Moreover, this comparison excludes the $7,500 tax credits extended to purchasers of American-made cars under the new Inflation Reduction Act; thus the price gap widens further when tax breaks are included...
...However, always check HMRC’s fine print as there are conditions attached which must be met by the purchaser and by the previous owner....
...In other words, the beneficiary is regarded as if they were the purchaser (rather than the trustee)....
...The Financial Times Ltd and the authors are not responsible for any direct or indirect result arising from any reliance placed on replies, including any loss, and exclude liability to the full extent....
...Who is eligible to sell them back to Barclays at par — the original purchaser, or the current holder?...
...Nevertheless, the new stamp duty land tax (SDLT) surcharge applies to joint purchasers where any one of the purchasers is a “non-resident”....
...Under pressure from international investors as well as purchasers in Europe, Brazil’s big meat companies are rushing to implement protocols to ensure that their supply chains are free from cattle raised...
...Joint purchasers are treated as one unit, so if one of you owns a second home, the whole transaction is taxed at the higher rates. Buying your London home in your sole name will not help you....
...The relief is available to purchasers who buy residential property in England or Northern Ireland for £500,000 or less, where the purchaser intends to occupy the property as their only or main residence....
...Under the proposed system, if the purchaser was in the UK for 183 or more days in the 12 months immediately preceding the purchase, they will be classed as resident....
...Bear in mind that if your parents are joint purchasers and they already own a property, the higher rate of stamp duty land tax will apply to the purchase price....
...The Commission said it would further investigate whether Qatar’s Petroleum’s long-term agreements, typically 20 to 25 years into Europe, contained direct or indirect territorial restrictions....
...She says the introduction of higher rates of SDLT on additional properties means that higher rates apply where one (or more) of the purchasers also owns another property....
...That’s close to the record of 73.6 per cent that such purchasers snapped up in June’s auction, according to Reuters....
...Neither the FT nor the contributors accept liability for any direct or indirect loss arising from any reliance placed on replies...
...There are transitional rules for purchasers who have exchanged, but not completed contracts before midnight. These reforms raise £500 million a year....
...In fairness, any impact from the floating charge on pension scheme costs is indirect. It may make trustees more forgiving of the deficit, currently just £84m....
...The considerable capital gains tax bill from the sale of the UK group’s 45 per cent stake in Verizon Wireless has led to talk of various indirect solutions, not least the suggestion that Verizon could instead...
...Moreover, many purchasers of LIBOR–based instruments could have actually benefitted from the artificially low rates (one OTC plaintiff admitted it may have been indifferent to USD LIBOR movements depending...
...Just last Friday, Moody’s warned: Although the government retains access to private markets, reliance on any form of external support, even indirect support targeted at banks in order to relieve the burden...
...Neither the FT nor the contributors accept any liability for any direct or indirect loss arising from any reliance placed on replies...
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