Market leading insight for tax experts
View online issue

Critical treasury transactions: the tax implications

Speed read
Maximising liquidity has been central to companies’ responses to Covid-19, and treasurers have been taking various actions accordingly. Unexpected tax liabilities could limit the effectiveness of such actions, and could arise from, for example: reduced interest deductibility; accounting profits from debt reorganisations; foreign exchange and fair value movements on financial instruments; and terminating or restructuring derivatives. This includes intragroup, as well as external, transactions. The pace of treasury transactions being entered into, and the current volatility in financial markets, means that it’s more important than ever for tax practitioners to be proactive in understanding treasurers’ objectives, and contribute to the design of transactions.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
EDITOR'S PICKstar
Top