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Searching for the best farming business arrangement

Whether repairing your forage harvester or arranging a business relationship, it is crucial to use the right tool for the right job.

Advisers must make sure that the arrangement achieves what the parties desire. If the arrangement is dictated by tax considerations, the arrangement must be appropriate in substance as well as form.

Mr Smith and Mr Jones are adjacent farmers who have decided to join forces to make economies and profit. The key question is how they want to regulate that relationship.