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 @Forbes:
“Denmarkâs 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…