Transferring your business to family members

News Tax & Compliance General Updates

Date: 21st May, 2025 Source: Australian Taxation Office (ATO) Country: Australia Original Source

Brief

"On May 21, 2025, the Australian Taxation Office (ATO) issued an update regarding Transferring your business to family members. This update emphasized the importance of carefully considering legal and tax implications when restructuring business operations, such as changes to share structure or transferring assets to family members via trusts."

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Australian Taxation Office (ATO)

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Transferring your business to family members

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Transferring your business to family members

Brief

Australian Taxation Office (ATO)

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