Matthew Bilmes

Feb 12, 2024 | mondaq.com | Marc-André Perreault |Matthew Bilmes

You've surely heard a business owner tell you that it is more advantageous to sell a business to a third party than to their own children. Finally, since January 1, 2024, this statement is no longer true, and Quebec business owners can benefit from relief from certain tax provisions, which now allow the sale of their business to the next generation, in a tax-advantaged manner.