J
jello1000
Guest
Hi,
Just a short tax query regarding the holding of shares in a company in joint names.
If shares are held in a company by two people (mother & son), what are the tax implications in the event one dies. Do there shares held simply become owned in full by the remaining named 'living' person on the cert. Are there tax implications regarding probate, inheritance, gift, capital gains, etc.
Thanks in advance
Regards,
Just a short tax query regarding the holding of shares in a company in joint names.
If shares are held in a company by two people (mother & son), what are the tax implications in the event one dies. Do there shares held simply become owned in full by the remaining named 'living' person on the cert. Are there tax implications regarding probate, inheritance, gift, capital gains, etc.
Thanks in advance
Regards,