Milestone is a boutique international tax practice established in Mayfair, London.

Open

A taxable gain in China

The Client

Manufacturing firm

The Problem

When our client wanted to sell one of their factories to release capital in China, they asked for our assistance in navigating the tightly controlled Chinese legal system.

The Solution

  • We worked alongside Chinese counsel to extract the value of their property and feed it back into the company.
  • We were able to structure the deal so that although the factory was sold at a loss, it was a taxable gain for our client and boosted their balance sheet.