Tax Due Diligence

This book is a practical guide to the very practical subject of Tax Due Diligence. It aims to show that tax due diligence is not a commodity by leading the reader through the tax due diligence process and explaining at each stage how to extract the maximum value from tax due diligence.

Covering a wide range of transaction scenarios, the book deals with every aspect of tax due diligence, including:

• What is tax due diligence and what it is not
• The different circumstances in which tax due diligence is required and the implications of each
• Planning tax due diligence
• Defining scope and avoiding unnecessary tax due diligence
• Managing the tax due diligence process
• Obtaining and analysing information
• Communicating findings
• How best to address issues identified by tax due diligence: Whether to do the deal at all; How to do the deal: implications for the transaction structure; On what terms to do the deal: implications for the contract; The impact on price
• Focusing limited resources on the areas which will make a real difference to the contemplated transaction
• Dealing with limited access to a target company’s tax records, management or advisers.
• Making the most of limited information
• Tax due diligence in asset deals

Tax Due Diligence is aimed at anyone in industry or practice who is commissioning or planning a tax due diligence exercise or who is responsible for its performance.