While California continues to raise taxes and impose even more costly regulations on the state’s #familybusinesses, Denmark is taking a different approach, according to :

“Denmark’s policy shifts reflect a concerted effort to retain its invaluable family-owned enterprises…Bloomberg reported a new initiative from the Danish government, valued at 1.8 billion krone ($260 million), aims to ease the tax and regulatory burden on family-owned companies during generational transitions. The goal is clear: the initiative aims to prevent these companies from being compelled to sell to foreign investors due to stringent taxation and current rules.”

We hope the Governor and #CALeg read the article closely: https://bit.ly/45GMdVu


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