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Welcome to your CABB Weekly Connection
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Looming Tax Hike Motivates Owners to Sell
By John D. McKinnon, originally appeared on November 1, 2012 on http://online.wsj.com
A looming increase in the capital-gains tax rate next year is fueling sales of some privately-held businesses.
Many business owners-mostly founders who could gain a lot from a sale-are looking to close deals before next year, when the maximum tax on investment income is scheduled to rise from 15% currently to at least 23.8% on most capital gains, at least for higher-income households. Many sellers intend to convert their equity into retirement funds or just start anew.
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November 29: CABBinar Save the date!
Time: 9 a.m.
Topic: TBD
Speaker: TBD
More info.
Also if you missed any recent CABBinar's, be sure to check out the archive section on the CABB site to catch up!
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November 16: CBB Renewal Course
Northern California/Business Team Campbell - Instructor: John Mittlestet
Register today!
Click here for more information on CABB's upcoming events!
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The opinions, beliefs and viewpoints expressed by the various authors for this newsletter do not necessarily reflect the opinions, beliefs and viewpoints or official policies of the California Association of Business Brokers.
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