Tax on sale of property in CC

[Fiona.Pullen]

A CC has 2 members, each contribution R 50. The CC owns a residential property - not income earning, the members want to sell the property. They want...

[Arraddee]

Hi question, I am a 100% member of my cc. I am in the process of selling it, but a bit of confusion has arisen. Going forward after sale, am I still...

[Sunil Shah]

Hello there everyone I have a question on Goodwill in a CC

I am about to buy a business for 2m rand, but it only has physical tangible...

[Samual]

Hi All

I am hoping that you are able to help me out. I am 1 of 2 members of a CC. When we registered our cc (no associate agreement in...

[Roger15]

Hi there,

With CC's joining the framework of the new Companies Act, do CC's now have to comply with certain (Pty) Ltd's in the sence of:...

[PieterPan]

Hi All

I am betaling with the CGT implication if a Member of a CC sells the CC. What will the base cost be?...

[fixmytax]

Hi

I am running a small tax consulting business and also want to start compiling financial statements for close corporations. With all...

[Rix]

Hi,

Please bare with me as I have many questions that I would love help with as I am young and whilst I have experience working for myself,...

[Darkangelyaya]

I am part of a CC with the only asset being a valuable piece of paid-off property, and no liabilities.
Since I believe in ridding myself of 'dead...

[PieterPan]

Hi All

Anyone who can help me with this issue regarding winding up of a cc?
-What happen to the accumulated loss and the member’s...

[ANGELA003]

I have a question regarding a close corporation, 2 members each own 25% third member owns 50%, the 1 member that owns 50% and other member that owns 25%...

[Dave D]

Hi guys,

I'm new to the forum so please feel free to move this post or let me know if I infringe any policies. I'm looking for advice as...

[Profile retired]

I was just wondering how the newly promulgated Companies Act will affect small businesses, for example;

A Closed Corporation X was de-registered...

[Nick.Roberts]

Morning

I require some accounting assistance.

I am doing the books of CC where the 2 members have sinced resigned.Leaving...

[AmithS]

Hi Everyone,

I have the following Qs.

1. Can you run multiple businesses under 1 cc \ pty ?
2. Can you change a cc...