The businesses have not incurred any tax themselves.

And the business itself would incur some costs to transfer assets, for example.

Any business or income producing activity using tangible assets may incur costs related to those assets.

Family-owned businesses incur a higher gift and estate tax rate than other businesses.

They are also personally liable for any debts the business incurs.

Your business can incur damages in any number of ways.

That person is then solely responsible for any debts the business may incur.

If he did so, he said, his business would incur significant costs and would reap little benefit.

Applications will be considered where a business has a viable proposal but may incur difficulty in obtaining conventional finance because of lack of security.

At this time of economic crisis, we should be trying to ensure that businesses, especially small family businesses, do not incur further expenses against their will.