Succession planning: Tax considerations for family business
Tax servicesThis article illustrates how a family uses the intergenerational business transfer rules to tax-efficiently pass their business down to the next generation.

Strong family businesses create lasting value for current and future generations. But it’s not always easy to balance the needs of the family with what’s right for the business.
The intersection of family, ownership, and business can complicate things and make it difficult to find the way forward. For families who want to build a legacy that spans future generations, aligning on what’s important to the family and the business is important.
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This article illustrates how a family uses the intergenerational business transfer rules to tax-efficiently pass their business down to the next generation.
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