74 articles in this category
An earn-out is taxed as a capital gain on the sale of securities, in the year it is received, at the 31.4 % flat tax. Regime, filing and the risk of reclassification as salary when the seller stays on as director.
Breach of undertaking, non-animating holding, no management role, non-professional assets: the mistakes that forfeit the 75% Dutreil relief, and how to avoid them before and after the transfer.
Are you an employee or manager wanting to buy your company? Approaching the seller, valuation, acquisition holding, financing and the tax watch points of a management buy-out (MBO).
A loss-making SME can still be sold. Revalued net asset value, the real fate of carry-forward losses, recovery levers, vendor loan or earn-out: how to value and negotiate calmly.
Vendor loan or bank loan to finance an SME buyout: costs, guarantees, default risk, complementarity with senior debt, and how the seller can spread capital-gains tax (art. 1681 F French Tax Code).
Equity, acquisition debt, vendor credit, mezzanine and distribution capacity: how to size the financing of a holding-led SME leveraged buyout without over-leveraging the target.
With a vendor loan, the capital gain is taxed in the year of the sale, but Article 1681 F of the French Tax Code lets you spread the payment in line with instalments received, up to N+5.
The headline sale price is not the net. Flat tax at 31.4%, 500,000 € retirement allowance, CEHR surtax, fees: how to work out what you really keep after the sale.
The 7 costliest tax mistakes owners make when selling a business: retirement relief, social levies, shares or goodwill, high-income surtax, contribution-sale and vendor financing.
Asset-based, EBITDA multiples or DCF: three methods that never produce the same price. How to choose, normalise EBITDA and build a sale price range that holds up with a buyer and the tax authorities.
Capital, acquisition debt, parent-subsidiary regime, tax consolidation and dividend upstreaming: the operational structuring of an acquisition holding, step by step.
Gift or sale, Dutreil pact, fairness between the successor child and the others: the 2026 tax and wealth roadmap to pass on the family business.
A domain-by-domain checklist to audit an SME before buying it: financial, tax, employment, legal and commercial. Documents to request, the warranty agreement and the 150-0 B ter tax deferral updated for 2026, from the buyer's perspective.
Partnership dissolution, SARL/SAS share transfer, joint ownership, inheritance tax, the Dutreil Pact and key-person insurance: the rules to keep a business running when a shareholder dies.
Asset deal or share deal? Registration duties, the seller's capital gain, liability transfer: compare selling the business goodwill versus the shares to decide in 2026.
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