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RESTRUCTURING


Equity capital markets transactions can take a number of different forms. Isaac Zailer and Aurrell Taussig examine the tax issues

Howard Murray and Sara Stewart take a look at the main tax issues as well as any other particular issues arising from pre-sale hive-downs and debt reorganisations.

Bradley Phillips and Perminder Gainda explain the tax implications of the different types of demerger structures that UK companies typically adopt to split their activities into two or more separate companies, along with a worked example

Vinny McCullagh's VAT focus looks at the possibility of a sale of shares qualifying for TOGC treatment

It is important that changes to rules where a lender swaps debt for equity do not give rise to uncertainty that could prevent commercial rescues, writes Michael Bacon

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