Journal article
Choice of Australian Business Structures in the SME Sector: What Do Advisors Recommend?
Australian Tax Review, Vol.52(3), pp.177-204
2023
Abstract
When faced with a client scenario what would advisors recommend to their clients in the small and medium enterprise (SME) sector as a business structure? This article reports a unique case study of Australian SME advisors and what business structure they would recommend to their clients based on 12 scenarios representing real world situations. Those professional advisors were accountants, lawyers, tax advisors, or business consultants. The findings demonstrate an overwhelming trend that in almost all circumstances a combination of structures was recommended for the one enterprise. Additionally, discretionary trusts featured prominently in these recommendations either as a trading entity or as a holding entity.
Details
- Title
- Choice of Australian Business Structures in the SME Sector: What Do Advisors Recommend?
- Authors
- Barbara Tradd (Corresponding Author) - Griffith UniversityJohn Minas (Author) - Monash UniversityBrett Freudenberg (Author) - Griffith UniversityCraig Cameron (Author) - University of the Sunshine Coast, Queensland, School of Business and Creative Industries
- Publication details
- Australian Tax Review, Vol.52(3), pp.177-204
- Publisher
- Lawbrook Co.
- Organisation Unit
- School of Business and Creative Industries
- Language
- English
- Record Identifier
- 99971185502621
- Output Type
- Journal article
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