capital gains tax rate for selling a company
Business owners and management teams that are contemplating a sale of their company are now evaluating the impact that the ‘timing of sale’ has on the net proceeds received, as a result of the upcoming 33% capital gains tax increase. For those owners that are considering a sale over the next few years, the impact that this tax increase has on the after tax dollars received in a sale could be very significant and therefore, a thorough evaluation should be performed by the owner to assess the actual effect between selling a business now or years in the future.
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Ruth Noel
Hello, my name is Ruth and I'm the founder of TaxTwerk.com. Check out our Recommendations for more.