Tax Mergers and Acquisitions
Protecting and maximizing your deal
Whether you are buying or selling, tax issues can complicate every deal. Finding a transaction structure that meets the needs of the buyer and the seller, achieving a step-up in tax basis, and determining whether and how net operating losses, carryforwards and other tax attributes can be utilized are complex issues that need to be addressed.
RSM’s mergers and acquisitions tax professionals understand transactions. We’ve worked on thousands of transactions for large public companies, S corporations, partnerships, family-owned businesses and entrepreneurs. We work with companies across a wide range of industries and with diverse strategies and goals. Our professionals know the issues and the solutions.
Because understanding taxes isn’t enough, we won’t rest until we understand your business, your goals, the reasons behind your strategy and your transaction. Only then will we tailor a solution to the tax issues surrounding your transaction that is right for you.
Tax Court denies S corporation’s deductions claimed for its shareholders’ expenses; reason and requirement for payment determinative.
IRS’ attempt to re-characterize loan as a distribution from subsidiary’s earnings fails under debt-equity principles.
The Internal Revenue Service releases the proposed regulations under section 168(k) (100 percent bonus depreciation).
IRS proposed regulations explain when acquisitions will qualify for bonus depreciation (expensing) under the 2017 tax changes (TCJA).
Alta Wind case illustrates requirement to use residual method of allocation is broad and may apply in cases where no goodwill is present.