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These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
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Notes Online Home 2025 Tax Structures & Asset Protection Choosing The Right Structure For Clients
Important Structuring Considerations For Family Businesses
In this segment of the seminar notes, we cover important structuring considerations for family businesses. More specifically:
• Key issues related to carrying on a family business through a private company
• Strategies and other issues to consider when a discretionary trust is involved in the structure
• Tax traps when a business employs family members