Overall assessment changes taxation practice related to tax relief for succession

Overall assessment changes taxation practice related to tax relief for succession

Business owners and entrepreneurs are facing increasingly complex tax legislation, making predictability difficult. Yet business predictability is key to maintaining a viable business that can be passed to the next generation in an even better shape.

To ensure smooth business continuity or business succession, it is important to start planning the next generation’s ownership well in advance. The plans must be flexible and comprehensible. It is essential that the owners’ wealth is properly managed while accounting for varying circumstances.

We know that tax issues concerning both businesses and ownership often go hand in hand. To achieve the most efficient solution, your advisor needs to be equipped with a broad understanding of not only business operations and business succession but also of how to provide the next generation with the best possible resources to make the business prosper in the future.

Our tax experts specialised in family-owned companies and owner-entrepreneurship will help you with your tax issues. Our services to private companies and owner-entrepreneurs include, e.g.:

  • Wealth management planning
  • Structuring and carrying out succession in a family business
  • Marital property and inheritance law related tax matters
  • Applications for preliminary ruling and other pre-emptive guidance
  • Tax litigation

We also offer support for all your other business legal needs from corporate governance to M&A and beyond. Your trusted personal advisor will act as your single point of contact and compile a team of experts with comprehensive legal insight and close contacts with business life to match your specific needs. We also work in close collaboration with major banks and asset management companies.

Our team has been ranked in Band 1 for Private Wealth Law in Chambers High Net Worth Finland Guide 2023.