51 min

#7 Tax planning is important, but it's the easy part of succession planning - with BLG tax partner Pamela Cross Capital Ventures

    • Entrepreneurship

Big three Takeaways: 1. For owners planning for an eventual transition of the business to the next generation, it’s important to establish what your ideal outcome is, as opposed to selecting particular assets to leave certain individuals.2. When rules change, like 2016/2017 with the introduction of Tax on split income (TOSI) rules, having a team of professionals becomes even more valuable because they can help you make necessary changes to adapt.3.&...

Big three Takeaways: 1. For owners planning for an eventual transition of the business to the next generation, it’s important to establish what your ideal outcome is, as opposed to selecting particular assets to leave certain individuals.2. When rules change, like 2016/2017 with the introduction of Tax on split income (TOSI) rules, having a team of professionals becomes even more valuable because they can help you make necessary changes to adapt.3.&...

51 min