PURCHASE PRICE ALLOCATION RULES
Jul 01, 2021
2 minutes
MARK WITHERS
The rules are designed to ensure that where a sale and purchase agreement strikes an overall price that includes two or more different categories of asset, the vendor and purchasers’ tax position with respect to the allocation of price between the asset classes must be aligned.
The IRD believes that historically there have been issues with vendors and purchasers taking different tax positions
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