Taxation is a very important aspect of the planning of a generational change. If the transfer triggers large taxable profits, the financing of the tax payment could be a barrier to implementing the generational change. This is particularly relevant in cases where the next generation's takeover of the company is financed, in full or in part, through a gift in combination with the issue of an instrument of debt.
At TVC Law Firm, we specialise in generational changes and the applicable rules under tax law, company law and commercial law. This ensures that any tax implications can be taken into account right from the outset.
The process can often be organised more efficiently if all relevant aspects are considered from the outset.
Our handling of the tax implications and other legal aspects provides our clients with a better basis for understanding and identifying all the various risks.
We are up-to-date with and influence developments in legal practice. We know exactly what is going on regarding the many different models, for example: