When a business is sold, it is critical that the relevant tax issues are considered and dealt with before the deal is done. Thinking about tax after signing the sale contract is just too late and can have the effect of reducing the price. Do you know which questions to ask? What are the issues that need to be identified? What problem areas can be rectified to make the transaction happen smoothly and with a minimum of fuss?
This event, part of the Breakfast Club series, was aimed at legal and accounting practitioners and financial advisors. Ross Higgins, an experienced tax lawyer specialising in M&A transactions, considered the issues that need to be identified when preparing a business for sale.