Tey Ling & Assocaites’ Post

Income received on the buyback of shares is proposed to be taxed in the hands of investors in the budget. Till now companies were paying taxes on share buybacks. The incidence of buyback tax being shifted from the company to the shareholders applies not only to listed companies, but also to unlisted companies. Buyback tax was introduced in 2013 for unlisted companies and it was extended to listed companies in 2019. #buyback #buybackofshares #companylaw #corporatelaw #companiesact #sebi #lodr #taxation #tax #legalupdates #budget #budgetupdates #companysecretaries #companysecretary #charteredaccountants #cs #ca

Leaving a tax group can lead to unexpected tax implications. One notable consequence is the de-grouping charge, which may occur when a company transfers an asset within the group and subsequently exits the group within a two-year timeframe. Shahbaz Sarwar has dissected this de-grouping charge in his article published on FintEdu. You can access the article by clicking the link : https://lnkd.in/etVy2frG #fintedu #taxgroup #degrouping #taximplications #corporatetax #intragrouptransfer #gcctaxaw #legalmergers #assettransfer #taxcompliance #corporatefinance Anu Goel CA. Rajiv Hira

Your Taxation Experts 🔹 Tax Planning & Management 🔹 Corporate & Business Taxation 🔹 International Taxation 🔹 Indirect Taxation 🔹 Mergers & Acquisitions Tax 🔹 Transfer Pricing 🔹 Tax Return Filing We're here to simplify your tax matters with professional expertise! . . . #TaxationExperts #TaxPlanning #BusinessTax #CorporateTax #InternationalTax #IndirectTax #TaxReturnFiling #TransferPricing #MergersAndAcquisitions #financialservices

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The UK reform of Taxation and HMRC. We have grown up with the system of the "Basis Period" of taxation assessment and accounting for unincorporated businesses and Partnerships for as long as we can remember. In its uniqness, it gave rise to service providers to be innovative to deal with the complexities that arise in accounting for the taxation of an entity which resulted in Taxation becoming a big product line after audit & assurance. The basis period ran from 6th April of the current year to 5th April of the following year, which allowed accountants much flexibility in dealing with the rigid timing for businesses to engage in Capital Expenditure transactions to obtain the best benefit or giving advice on the timing of merger & acquisitions transactions as well as the best timing of the launch of a new product line etc. With effect from 6th April 2025 there will be a change in the basis of UK taxation to use the entity's accounting year as the basis of taxation. This is good news to taxpayers and reduced headache to service providers as to the treatment of unusual transactions. We wait and see what challenges will crop up during the transition phase and how to deal with them.

My resume includes: Indirect taxes are an essential aspect of any company's day-to-day operations. However, overlooking them can have a domino-like effect on the commerciality of an organization. The impact can increase exponentially in the event of a merger or acquisition. With increasingly complicated and globalized business models, do these taxes and tax planning opportunities get the attention they need? It's crucial to give indirect tax risk the attention it deserves to ensure a smooth and successful business operation. #indirecttax #taxplanning #businessoperations

Join us for a International Tax Webinar on Article 4 - Concept of Residence under Tax Treaties - Specific reference to OECD Model and case studies https://lnkd.in/gmDZmhRN Date - March 20, 2024 - 4:00 pm to 5:00 pm India time . Meeting details will be shared on registration. We would discuss the following concepts : -    This would be followed by a Q&A Session     - Overview and importance of Concept Of "Residence"  - Who Is Resident ?  - Categories Of Resident   - Who Is A “Person” Under Tax Treaty ?  - Concept Of “Liable To Tax Therein”   - Taxation Of Partnership Firms - Are They Liable To Tax ?   - Tie Breaker Rule For An Individual  - Mutual Agreement - Determination Of Residence By Competent Authority  - Tie Breaker Other Than An Individual  - When Would A Company Can Be Taxed In Two State ?  - Place Of Effective Management Concept #internationaltax #internationaltaxation #internationalupdate #incometax #taxreturn #taxes #taxseason #taxplanning #taxfiling #taxrefund #taxlaw #taxpreparation #taxaudit #taxtips #taxdeduction #taxdeadline #taxation #CA #CharteredAccountant #CAexam #CAresults #CAstudents #CAaspirants #ICAICAI #accountancy #accounting #finance #taxation #audit #budget #business #m&a   #mergersandacquisitions  #mergers  #acquisitions #internationaltaxation #internationalupdate #incometaxreturn #taxreturns #taxes2024 #taxplanning #taxpreparation #taxdeadline #dtaa #taxtreaty #indiatax 

Unlock the complexities of transaction costs in M&A with our latest Tax Talk. A must-read for professionals looking to enhance their strategies.

🔍 The tax complexities of international M&A. To find out more, read on! 🌍💼 #MergersAndAcquisitions #TaxStrategy #InternationalBusiness #GlobalTax #BusinessGrowth #CorporateFinance #TaxPlanning #M&A #CrossBorder #BusinessStrategy #TaxCompliance

Why Perform Tax Due Diligence 💥💥💥   Good morning LinkedIn Pals, Today let us talk about #tax due diligence and why it is a must for potential #investors when evaluating proposed Merger and Acquisition (M&A) deals. In a typical M&A deal, investors are concerned about potential tax exposures that can increase the #transaction costs and the inherent tax risks that may arise post-transaction. An acquirer in a #mergersandacquisitions deal should perform tax #duediligence to uncover potential additional transaction costs and post-transaction tax #risks. This is usually done alongside financial, legal, human resource, operational, environmental, and business due diligence.   Specifically, tax due diligence covers the review and ascertainment of the tax compliance status of the target company i.e. #compliance with tax obligations for registration, filing, and remittance of applicable taxes such as companies’ income tax, tertiary education tax, value added tax, withholding tax, capital gains tax, and employee-related taxes and deductions. It also involves the confirmation of the outstanding tax liabilities, tax penalties, unresolved tax audit or investigation exercises, and tax #incentives or benefits available to the #target company.   If significant tax issues or potential tax risks are discovered during the due diligence process, the acquirer would usually request that necessary considerations be included in the share transfer agreement, especially if the uncovered issues are not deal-breakers. In practice, the acquirer would request that the seller make appropriate tax representations and guarantees/warranties to cover the identified tax risk before closing the #deal. Should you require further guidance or support to carry out a tax due diligence on a potential target, feel free to reach out to us at PrimoTax. If you find this insightful, please like, comment, and share it with your connection so they can benefit from it.  #tax #taxation #mergersandacquisitions #duediligence #deals #finance #accounting