BUSINESS SUCCESSION? THINK OF THE BOR
BUSINESS SUCCESSION? THINK OF THE BOR
The Business Succession Scheme (BOR)
Why is the tax authorities so strict in the application of the Business Succession Scheme? Whoever inherits or receives an enterprise must pay taxes. Unless you continue that business: you pay less or even no tax. That is the core of the Business Succession Scheme (BOR). And that saves a lot of money very quickly. With a company with a value of ‚ €1,000,000, this quickly saves ‚ €400,000 in income and inheritance tax.
A business valuation
It therefore pays to have a business valuation carried out by an expert. With DUTCH CF you are not alone as an entrepreneur.
