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Restructuring Tax Services
Bringing clarity to uncertain situations
In times of economic uncertainty, debt restructuring is oftentimes a necessary and even beneficial option that can preserve and enhance a company’s value. However, the unique scenarios brought on through refinancing or modifying debt obligations have significant and sometimes unique tax consequences.
RSM’s mergers and acquisitions tax professionals help you give careful consideration to debt restructuring or bankruptcy filing and can guide you through what can be a difficult process. We understand the complexities of working through a bankruptcy or debt restructuring and can help you achieve the most tax-advantageous outcome for your situation.
Our professionals can also help with other types of corporate transactions including the determination of the taxability of corporate dividends.
During a debt workout or restructuring, it is critical that businesses evaluate their restructuring options and the related tax impact.
Proper tax planning in a workout or restructuring is necessary to provide valuable tax attributes to the restructured business.
Recent IRS advice notes that a company group including several companies must support the interest deductions claimed by a specific company.
Proposed tax increases have accelerated deals. Transactions will continue despite any tax changes, just with new pricing considerations.
President Biden and Congress have proposed to increase the capital gains tax rate. Taxpayers may wish to create a taxable event.
Partnerships and corporations they control may trigger unexpected tax liabilities by transferring value from one to pay costs of the other.