Tax implications of liquidating a company

30-Oct-2020 13:25

There may be pro-rata payments among claimants at the same priority level if not enough funds can be cobbled together.

No person should act on the basis of this information without first obtaining and following the advice of a suitably qualified professional advisor.General facts about winding up your business There are times where business owners, whether voluntarily or involuntarily, may need to wind up their business.