When undertaking a transaction, such as a disposal, merger, or refinancing it is highly likely that the business will be subject to tax due diligence.
If any issues are not remedied prior to a transaction but are instead picked up during the due diligence process, this can lead to significant delays – to resolve them, renegotiate the price or both. Whilst transactions are all unique, in our experience there are common tax issues that arise. Understanding and addressing these key areas in advance of a transaction can help stakeholders to ensure that value is maximised and disruption to the business is minimised.
An ‘exit readiness’ review in advance of a planned transaction can help to identify any issues, allowing the time to deal with these before a due diligence process commences.
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