Welcome to the KPMG Private Enterprise Global family business tax monitor for 2020. For business families planning to transfer their business from one generation to the next, by inheritance and lifetime gift, the tax implications can vary widely depending on whether the business is located, and at times, creating significant costs.
In the 2020 edition, we've surveyed 54 countries, regions, and jurisdictions, and explore key factors that impact family business transfers, through two case studies analyzed by KPMG Private Enterprise member firms. The theme of this edition is “Charting a path for the future”, a task that has been made more challenging than ever due to the continuing impact of the COVID-19 virus.
Read the KPMG Private Enterprise Global family business tax monitor report to gain an in-depth perspective on the varied and changing tax environment for family business around the world, along with insight on how families can best prepare for transitioning their business to the next generation.