{"id":171,"date":"2016-04-08T05:23:25","date_gmt":"2016-04-08T05:23:25","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=171"},"modified":"2025-12-31T09:44:11","modified_gmt":"2025-12-31T09:44:11","slug":"tax-regimes-impacting-family-business-succession-and-growth","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/","title":{"rendered":"Tax Regimes Impacting Family Business Succession And Growth"},"content":{"rendered":"<div>\n<p>The recently released report titled \u2018KPMG Global Family Business Tax Monitor\u2019 compares the impact of tax regimes on family businesses. It is based on the findings of 42 countries, including India that undertook a taxation review on two scenarios for a family business valued at \u20ac10 m. The report explored the effects taxation can have on the transfer of the business to family members upon inheritance and as a lifetime transfer (on retirement). Each participating country was given two case studies and a questionnaire to complete providing details on how their country would tax each event.<\/p>\n<p>Through inheritance, 26 out of 42 countries impose no tax or a tax below \u20ac1 million for a family business valued at \u20ac10 million, among them 13 impose no tax, and; on retirement, 22 countries impose no tax or a tax below \u20ac1 million for a family business valued at \u20ac10 million, among them 11 impose no tax.<\/p>\n<p>The report concludes that while tax regimes around the world vary greatly, even between neighboring jurisdictions, in general, countries are supporting and encouraging investment and growth in family businesses, with low tax liabilities for the transfer of businesses to the next generation upon retirement or inheritance. Where tax is due, various mechanisms exist allowing for payments to be diminished or deferred.<\/p>\n<p>Despite the fact that family businesses often have strong geographic roots and tend to be committed to \u2018giving back\u2019 to their local communities, governments need to consider that unfavorable tax policies may influence a business to relocate impacting the government\u2019s local economic growth. Similarly while tax considerations often do not drive the decision about the right time to pass the business on; but for many, it is one of the key aspects to be taken into consideration.<\/p>\n<p><i>Source: http:\/\/www.kpmgfamilybusiness.com\/global-family-business-tax-monitor\/<\/i><\/p>\n<\/div>\n<p><i>\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recently released report titled \u2018KPMG Global Family Business Tax Monitor\u2019 compares the impact of tax regimes on family businesses. It is based on the findings of 42 countries, including India that undertook a taxation review on two scenarios for a family business valued at \u20ac10 m. The report explored the effects taxation can have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tax Regimes Impacting Family Business Succession And Growth - Thomas Schmidheiny Centre for Family Enterprise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax Regimes Impacting Family Business Succession And Growth - Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"og:description\" content=\"The recently released report titled \u2018KPMG Global Family Business Tax Monitor\u2019 compares the impact of tax regimes on family businesses. It is based on the findings of 42 countries, including India that undertook a taxation review on two scenarios for a family business valued at \u20ac10 m. The report explored the effects taxation can have [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-08T05:23:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-31T09:44:11+00:00\" \/>\n<meta name=\"author\" content=\"Editorial team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/\",\"name\":\"Tax Regimes Impacting Family Business Succession And Growth - Thomas Schmidheiny Centre for Family Enterprise\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\"},\"datePublished\":\"2016-04-08T05:23:25+00:00\",\"dateModified\":\"2025-12-31T09:44:11+00:00\",\"author\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc\"},\"breadcrumb\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tax Regimes Impacting Family Business Succession And Growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/\",\"name\":\"Thomas Schmidheiny Centre for Family Enterprise\",\"description\":\"Creating value for families and businesses through research and innovation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc\",\"name\":\"Editorial team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g\",\"caption\":\"Editorial team\"},\"sameAs\":[\"https:\/\/blogs.isb.edu\"],\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/author\/isb_blog_user_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tax Regimes Impacting Family Business Succession And Growth - Thomas Schmidheiny Centre for Family Enterprise","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2016\/04\/08\/tax-regimes-impacting-family-business-succession-and-growth\/","og_locale":"en_US","og_type":"article","og_title":"Tax Regimes Impacting Family Business Succession And Growth - Thomas Schmidheiny Centre for Family Enterprise","og_description":"The recently released report titled \u2018KPMG Global Family Business Tax Monitor\u2019 compares the impact of tax regimes on family businesses. 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