In this regard, it is important to note that the sale can be done in two ways, one is a business sale and the other is an asset sale. The nature of the assignment determines which assets in the transaction are to be part of the transfer of ownership. A buyer benefits from a sale of assets by giving precedence to depreciation benefits and avoiding the acquisition of the liabilities of the former company. However, from a seller`s perspective, a business sale is preferable to paying taxes at a low long-term capital gain rate compared to the higher standard tax rate applicable to the sale of assets. For the transfer of shares in a real estate company, the seller is required to pay the tax on property profits (RPGT) after taxation by the IRB. The calculation of the GDPR is based on the divestiture period and the entity of the entity (e.g. B the company or the individual). Appropriate efforts should be made to track and confirm ownership through due diligence, for example. B by verifying proof of ownership. For tangible fixed assets, this would include title or deed, invoices and receipts for proof of purchase and payment, leases. it is not customary to (i) meet all the conditions precedent required of the financier; or (ii) for confirmation of use by the financiers as a condition precedent in a sales contract (SPA). .