What options are available to minimise the amount of capital


Stan is about to sell his plumbing business that he has owned for 14 years, and has come to you for advice to minimise his tax in relation to the sale. He estimates he will make a gain on sale of $250,000. Discuss what options are available to minimise the amount of capital gains tax he might have to pay.

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Accounting Basics: What options are available to minimise the amount of capital
Reference No:- TGS057480

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