Tax Mergers & Acquisitions

Tax planning at an early stage can add significant value to every transaction. Such planning is essential to reduce both the actual transaction tax costs and the long-term sustainable effective tax rate following the transaction. Companies also need to manage tax risk and ensure that future net cash flows are optimised.

If you…

• are disposing of a subsidiary and need a vendor’s tax due diligence
• need to understand historic compliance exposures of the target and require a tax due diligence
• need to establish a tax efficient acquisition/ exit structure and its subsequent implementation
• are considering a merger of some of your operations and need to execute it in a tax neutral manner
• need to integrate the new acquired business

How we can help you

PwC's M&A tax team assists companies making acquisitions, disposals and undergoing corporate reorganizations, using proven processes and drawing upon expertise from throughout our global network.

Because we know each situation raises new issues and brings new challenges, we work with you to create an integrated, customised solution for all aspects - from the planning stage, through implementation, all the way until the final deal is done. By identifying opportunities, optimising financial structuring, and managing risk at each juncture, we make sure that the synergy of your vision is not disrupted by any unforeseen costs or surprises.

Our services include:

• Tax Due Diligence (vendor assistance, vendor due diligence, buy side due diligence, buyer assistance);
• Tax structuring of transactions;
• Reorganisation and post deal integration;
• Review of Share Purchase Agreements;
• Assistance with identifying tax-efficient management incentive plans.

Why PwC?

PwC has one of the largest networks of M&A tax specialists in the world and we can offer you expert deal structuring and financing advice at all points throughout the deal cycle. We have extensive experience in providing tax advice on in-bound, out-bound and domestic transactions to Romanian and multinational clients operating in eight industries.

Our M&A specialists are integrated with our Transaction Services group and supported by industry specialists with access to comprehensive industry resources within the PwC international network.