Budget expectation: Excluding family settlement from the rigours of anti-abuse provisions
Within this framework, family businesses have flourished, leveraging not just financial capital but also familial bonds and shared values to achieve success over generations. Alongside the benefits of familial collaboration come inherent challenges, particularly the complexities arising from cross-holdings and intergenerational dynamics within family-owned enterprises. These complexities can lead to disputes over ownership, management control, … Read more
