The process of selling a business and the factors to consider in optimizing taxation outcomes.
For many tax professionals, the challenge of advising clients in the context of the transfer and sale of a business requires a deep understanding of the complexities of taxation, the commercial issues and often the consideration of economic planning and its related financial outcomes for family businesses.
The entity structure in relation to the operation of the business is critical and reference to the capital gains concessionary provisions for small business will be an additional factor to determine the optimal outcomes for clients disposing of their business.
In this Webinar David Hall, an assoc. Partner at Findex Australia, and a specialist in taxation of small and medium sized businesses, will provide insights into the process of the ‘sale of a business’ and discuss some of the ‘watch for’ areas practitioners should be aware of.