Publications
Taxation of Cross-Border Mergers and Acquisitions
The 2008 edition of KPMG International’s Taxation of Cross-Border Mergers and Acquisitions handbook reveals a tightening of tax rules relating to interest cost recovery in several major economies, which may require many global companies to review their M&A financing strategies. The latest report, a must read for tax directors of acquisitive multinationals, includes details of M&A tax laws and regulations in 52 countries.
The inexorable global convergence of tax systems is bringing about major changes in the fiscal environment for cross-border mergers and acquisitions (M&A). As tax regimes all over the world take steps to attract foreign investment and, at the same time, to preserve the integrity of their tax bases, traditional M&A financing models designed to mitigate tax are losing their efficacy. The proliferation of thin-capitalization rules in major economies and tighter earnings stripping rules are making it more difficult to finance acquisitions.
KPMG International’s Taxation of Cross-Border Mergers and Acquisitions aims to provide tax professionals with an international overview of these and other tax issues that may affect cross-border mergers and acquisitions. Each of the 52 country chapters describes the regime’s current laws and regulations and their possible implications for the tax-efficient structuring and financing of a merger or acquisition. Each chapter also includes a summary of the potential advantages and disadvantages of a purchase of assets, versus a purchase of shares.
Please search and click on the country chapter menu of interest to you.
Click here.
KPMG International’s Taxation of Cross-Border Mergers and Acquisitions aims to provide tax professionals with an international overview of these and other tax issues that may affect cross-border mergers and acquisitions. Each of the 52 country chapters describes the regime’s current laws and regulations and their possible implications for the tax-efficient structuring and financing of a merger or acquisition. Each chapter also includes a summary of the potential advantages and disadvantages of a purchase of assets, versus a purchase of shares.
Please search and click on the country chapter menu of interest to you.
Click here.
