Commentary

D6.640 Profit extraction from family companies—introduction

Corporate tax
Corporate tax | Commentary

D6.640 Profit extraction from family companies—introduction

Corporate tax | Commentary

Profit extraction from family companies

D6.640 Profit extraction from family companies—introduction

The following articles (D6.641–D6.658) look at various ways in which profits may be extracted from a family company and describes the tax consequences that follow. They do not seek to be the definitive treatment of the subject (or indeed engage in sophisticated tax planning arrangements), but rather suggest some of the issues that practitioners should consider. There is no single right answer to the problem; what may be right for one family may be totally wrong for another whose circumstances appear to be similar.

When the family company is

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