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Tax issues on an asset sale: part I

James Hill, Partner, and Karla Yates, Associate, in the Tax Department of Mayer Brown International LLP provide an overview of the direct tax issues arising on business acquisitions

 
James Hill Partner and Karla Yates Associate in the Tax Department of Mayer Brown International LLP provide an overview of the direct tax issues arising on business acquisitions
 
From a commercial perspective it is commonly perceived that acquiring a business by way of an asset acquisition is more favourable to a prospective buyer than acquiring a business by way of a share purchase. This is partly due to the inherent flexibility of this type of transaction — the buyer can...

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