Description
The negotiations between tax lawyers (advisers) lined up against each other on the sale of a company or business can sometimes become so complex that the commercial reality of the transaction (a sale by a willing seller to a willing buyer) is lost. The purpose of the Tax Schedule is to determine where responsibilities and risks will lie following the completion of the transaction.
This book will explain the underlying rationale of the key provisions of the tax schedule. It will also challenge certain aspects of the UK legal profession’s current approach to tax schedule negotiations.
The intended readership of the book is tax lawyers, tax accountants, corporate lawyers, corporate advisors and finance directors who are involved in the process of the sale of a company.
Contents:
- Share sale/purchase or asset sale/purchase
- What is the purpose of a Tax Schedule
- Interaction of the Tax Schedule with the sale and purchase agreement
- Due Diligence
- Tax Warranties
- Tax Indemnity
- Seller protections
- Conduct of pre and post completion of Target’s tax affairs
- Conduct of Tax Claims
- Special situations
Eile Gibson,
Before becoming a lawyer Eile Gibson worked as a financial analyst. She qualified as a barrister and then re-qualified as a solicitor working as tax adviser on corporate transactions. Eile is also a chartered tax advisor with CIOT and an associate with the Chartered Institute of Secretaries and Administrators (ACIS), and has her own London-based tax advisory practice.
Spiramus Press
We are a UK-based publisher, with an emphasis on tax titles for lawyers, accountants and tax managers. Our books cover both UK and international tax.
