If you are already contemplating an exit strategy or the timing is appropriate to consider it, please be aware of the following changes in tax law effective January 1, 2013.
· Expiration of Bush tax cuts; Capital gains tax rate increases from 15.0% to 20.0%
· Implementation of 3.8% Health Reform Tax on “certain income” (includes capital gains)
· Seller will pay 23.8% in total taxes in 2013 versus 15.0% in 2012
Exemplary Transaction: Tax on $10MM in capital gains
2012: $1.5 MM
2013: $2.38 MM
At some point, almost all businesses owners consider the sale of their company. The reasons vary; retirement, the creation of liquidity or the pursuit of other interests. Walden’s role is simply to assist the business owner in defining and executing a meaningful exit strategy that is supportive of their own personal and financial goals.
Walden Businesses, Inc.
8395 Dunwoody Place, Building 5
Atlanta, GA 30350
Office: (678) 277-9951
Fax: (678) 277-9346