Carve-outs have become increasingly popular among global dealmakers – with a threefold increase in volume since 2016. Post COVID-19, this growth should continue as a mix of pent-up demand, distressed and non-core assets and lower valuations lure cash-rich private equity firms and corporates back to the deal table.
The accounting and tax elements of a carve-out can pose some unique challenges - particularly for tax professionals - that are important to overcome.
In this webinar hosted by ITR, Emine Constantin, TMF Group's global head of accounting and tax, will address common accounting and tax pitfalls in a carve-out including:
The set-up of tax structures: tax registrations and administrative processes
- Impact on the cost of compliance, and
- Tax compliance processes: main items to be considered.