Page 25 - The City Dealmaker
P. 25
RETURNS
IN DETAIL
An efficient way, subject to the proposer taking its own tax advice, would be for Project ABC Ltd to do a share buy-back of the 30% for £135,000 giving Project ABC (Investors) LLP a total of £185,000.
The managing agent (accountant) will then carry out an audit for Project ABC (Investors) LLP before distributing the £185,000, less fees, to the individual investor(s) pro rata to their original amount invested