Acquisitions and disposals

Corporate acquisitions and disposals give rise to a range of tax issues which require careful consideration and planning to ensure that your M&A transaction is undertaken in a tax efficient manner and achieves your ultimate strategy and goals.

We can help you navigate the tax aspects of the transaction from start to finish. Making sure there are no surprises and unexpected tax costs and that tax matters are considered in a structured and timely manner.

Alongside our corporate finance team, our specialist tax team can advise on all aspects of M&A transactions including acquisitions, private equity investment, disposals or management team participation.

Should your business need to be reorganised or restructured in advance of the transaction our team can also provide specialist advice in this area.

We can help you:

• Work out your acquisition or sales strategy
• Consider your exit or retirement plan
• Understand the pros and cons of different transaction routes. For example, share sale versus trade and asset sale
• Map out the transaction steps you need to take to ensure that the transaction is completed in a tax efficient manner
• Consider the tax implications of various funding options and the tax reliefs available on debt financing
• Review a targets tax management and reporting from a tax due diligence perspective. Identifying where there are any tax exposures, areas of concern or tax attributes and assets that need to be factored into the deal mechanism
• Ensure that the SPA is appropriately drafted from a tax perspective and that tax warranties, tax covenant and the deal mechanism provide the desired reliefs and protections.
• Achieve a smooth transaction from a tax perspective, with close collaboration with your lawyers
• Consider post deal business and trade changes to make sure valuable losses and reliefs are protected
• Post transaction consider the tax treatment of legal and professional fees
• Deal with post transaction tax investigations and disputes