IBA Annual Conference Sydney 2017

8 Oct - 13 Oct 2017

Room C2.2, Convention Centre, Level 2

Session information

Succession of family businesses

Tuesday 10 October (1430 - 1730)

Room C2.2, Convention Centre, Level 2


Private Client Tax Committee (Lead)
Closely Held Companies Committee


Family-held businesses large and small are confronted with generational transfers on average every 25 to 30 years. These generational transfers can give rise to a variety of legal issues, conflicts, and adverse tax ramifications, which may be mitigated and/or prevented with proper planning. Our panel of tax and legal specialists active in this field of law over a variety of continents will touch on the following: • variations of family businesses on five continents with a comparison among Europe, the US, South America, Africa and Australia; • structural issues, such as the use of trusts, foundations, holdings and family charters to carry out succession goals; • tax issues and the available exemptions on transfer of the family-held business to the next generation during life or at death; • how to maintain active and/or passive control over the family business within multi-generational turmoil; and • how to foster the coexistence of active and passive second and third-generation shareholders and the available 'remuneration schemes' for income out of capital.

Session / Workshop Chair(s)

Gerd D Goyvaerts Tiberghien, Antwerp, Belgium; Membership Officer, Private Client Tax Committee
Andreas Christian Rötheli Lenz & Staehelin, Geneva, Switzerland


Leigh-Alexandra Basha McDermott Will & Emery, Washington, District of Columbia, USA; LPD Council Member, LPD Council
Percy Castle Alvarez-Maza DS Casahierro Abogados, Lima, Peru; Scholarship Officer, Private Client Tax Committee
Alex Escoda Cuatrecasas, Barcelona, Spain
Carlo Pavesio Pavesio e Associati with Negri-Clementi, Turin, Italy; Secretary, Closely Held Companies Committee
Koos Pretorius ENS, Cape Town, South Africa; Conference Coordinator, Closely Held Companies Committee
Adrian Varrasso MinterEllison, Melbourne, Victoria, Australia