How to transfer your business to your children

Descripción

With this course you will learn the following:

1. Why plan your business succession?
2. What’s the Family Protocol (Protocolo Familiar)?
3. The two main routes: gift vs. inheritance
4. VAT (IVA) in business transfers
5. Property Transfer Tax (ITP) – who pays, how much and where
6. Gifting the business: step by step
7. Where is gift and inheritance tax (ISD) paid on a gift? The territorial rule
8. Requirements for the 95% tax relief on gifts
9. Gifting shares in a limited company (S.L./S.A.)
10. Inheritance (mortis causa): step by step
11. Where is gift and inheritance tax paid on an inheritance? The territorial rule
12. Requirements for the 95% tax relief on inheritances
13. The «Dead Man’s Capital Gain»: the hidden advantage of inheritance
14. Gift vs. inheritance: full tax comparison
15. Summary table: all taxes by situation

you will be able to take informed decisions about which is the best way to proceed with your company.