Withers Worldwide

Closely held (privately owned) and family businesses are different from publicly traded companies. They tend to have different goals, employment issues, and corporate culture. They require specific, focused advice.

Our corporate tax team regularly assists these enterprises in their tax and business planning. We plan for entries into and exits from the business, as well as planning for succession, for the possibility of divorce, and for the employment of young and aging family members into the organization.

In particular, we advise on the tax-efficient structuring of sales and other disposals of closely held businesses, and on reorganizations and other changes in ownership.