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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Tue, 08 Mar 2005 10:58:40 +0000
/ Author of the message: Biwah |
Title of the message: |
Re: UK Limited Company to Own a Foreign Property Trading Company
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Text of the message: |
On 7/3/05 10:49 pm, in article nd2vf2-cqe.ln1@michelle.jbryce, "Jonathan Bryce" <jonathan@localhost.localdomain> wrote: > You would need to check the Czech position elsewhere. EU law prohibits discrimination. However, EU bankruptcy and tax law are imperfect, and one should consult with local lawyers and accountants to see (1) whether you won't lose some tax benefits one way or the other and (2) whether you will be subject to more favourable insolvency rules if you retain a UK corporate "seat". UK, and for all I know Czech, tax law does not allow you to offset foreign losses against domestic profits even from the same line of endeavour (real estate investing, for example). The USA, for example, does allow this. Careless choice of entity can mean you lose the benefit of double taxation relief. This is not a DIY project. . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.