Field help:
Is the acquirer a company in which the selling person or a relative has an interest?
When selling a business (practice, law firm, office, etc.), the tax authorities would like to know whether you or a member of your family is a shareholder in the company that acquired your business. Corresponding explanations must be provided on an additional sheet.
Note: If you or a relative is a shareholder of this acquiring company, you are not entitled to the sales tax allowance (max. 45.000 Euro) nor to the reduced tax rate (56% of the average tax rate, with a minimum initial tax rate of 14%). In this case, the capital gain from the sale is included in the current profit.
