Session details
Session 3.4: Structuring for flexible profit sharing
The complexities of today’s business environment see people contribute, and look to get rewarded, in many ways. It is unusual for business profits to be shared strictly along equity lines, given the diverse contributions being made of capital, skills, qualifications and experience, innovation and time and effort – as well as managing exposure to commercial risks.
This session will consider how professional practice entity structures can effectively be utilised to address these challenges, despite taxation guidelines.
Speaker: Greg Travers, CTA, William Buck