title: The dental practice purchase/sale--creating a win-win transaction.
abstract: The importance of the dentist-patient/client relationship makes the dental practice purchase/sale unique compared with other business transactions. Dental practice goodwill can be easily lost, but establishing mutual trust between purchaser and vendor can lead to a win-win transaction through maximizing practice goodwill and minimizing associated taxes. Tax planning for the purchase/sale is complex, and, although this article has provided some basic information, professional advice is recommended.
authors.affiliation: Department of Restorative Dentistry, Faculty of Dentistry, University of Manitoba, Winnipeg.
authors.forename: H J
authors.initials: HJ
authors.lastname: Stockton
mesh_terms: D002170:Canada; D003132:Commerce; D006801:Humans; D010067:Ownership; D011215:Practice Management, Dental / Q000191:economics*; D013660:Taxes