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  1. Mark C

    Watering down share holding

    JCR this is not a capital gains question, it's change of control/bennefit of an asset without incuring stamp duty.
  2. Mark C

    Watering down share holding

    What about watering down unit holdings of a trust by issue of again 1000 extra units. The Trustee dose not change, the units in the trust are watered down and a new director of the Trustee is appointed. Forget about selling shares or selling units in the trust just keep them as they are...
  3. Mark C

    Watering down share holding

    Thanks for the thoughts, it's not easy to understand. The property I'm actually referring too dose not exist at present but I am planning for future transactions. If the shares are issued at the net value of the company then depending on what mortgages the company has this could be at a...
  4. Mark C

    Watering down share holding

    I've got another question for you legal experts. If one of my unit trusts is the sole share holder of a company with a total of 1 share, the company owns a property and is classed as a property rich company being it's only asset. If I decide to issue 1000 shares to another entity...
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