Steuererleichterungen sollen Unternehmenseigentümern beim Verkauf an ihre Mitarbeiter helfen, damit sie dauerhaft gewährt werden
https://www.theglobeandmail.com/business/article-tax-break-small-business-owners-sell-to-employees-permanent/
Steuererleichterungen sollen Unternehmenseigentümern beim Verkauf an ihre Mitarbeiter helfen, damit sie dauerhaft gewährt werden
https://www.theglobeandmail.com/business/article-tax-break-small-business-owners-sell-to-employees-permanent/
3 Kommentare
„The federal government’s spring economic update, released Tuesday, said that it will permanently extend a capital-gains tax exemption for employee ownership trusts, or EOTs. The measure allows qualifying owners to sell their businesses to employees through a trust and receive a tax exemption on the first $10-million of capital gains on a company sale. At top provincial tax rates, that means roughly $3.5-million in savings.“
„In EOTs, the money to buy out previous owners typically comes from the company itself. The trust takes on debt to pay out a portion or all of the purchase price. The business then uses its profits to make contributions to the trust, allowing it to repay the debt. That means the model works best for established companies with steady cash flows.“
As an NDP voter I am grateful to see the Liberals implementing something from our platform too. I think that there are a few industries that would really benefit a lot from employee ownership. The only reason those industries don’t have employee ownership is because it would be difficult to get started but once it is set up I think it would be great. Any job like Uber delivery where there is nothing to own but an app could and should be owned by the workers.
Great to see Canada embracing this. It’s the same model (Employee Ownership Trust) we’ve had as a fairly easy/tax efficient thing to do in the UK for about 12 years now.
Having said that, over the last 2 years, the UK government have reduced the tax incentives a bit. I’m a strong advocate of EOTs, and TBH I think the current, slightly more modest tax breaks, are actually better. They reduce the incentive for people to do it primarily for the tax reasons, which often in turn means they don’t care about the business surviving beyond a few years (hence not really good for employees/the wider economy anyway).
Regardless, the more businesses that go EO the better!