HI

I HAVE A QUERY AND SCENARIO THAT I NEED ASSISTANCE ON:-

NOT TO BE LONG WINDED, BUT BASICALLY, A PERSON WORKED IN A CC(CLOSE CORPORATION) FOR OVER TWENTY YEARS AND HAS THE OPTION NOW TO PURCHASE A PORTION OF MEMBERS INTEREST IN THE CC.WHAT IS THE PROCEDURE TO ESTIMATE THE PRICE OF PURCHASE,eg:to purchase 10%??

ASIDE FROM THE CIPRO REQUIREMENTS OF THE CK2 AND RELATED DOCUMENTS FOR THE ADDING AF A NEW MEMBER, TO WHICH THE OTHER CURRENT MEMBERS, HAVE NO OBJECTION, WHAT WILL THE PUTATIVE "MEMBERS" TAX IMPLICATIONS BE FOR THE MEMBERS INTEREST???

PLEASE SOME FEEDBACK OR ASSISTANCE