Restructuring is never a self-evident process of change but rather a tool that is implemented to achieve a goal. Perhaps the market has changed, a divestment may be in order, or a generation shift? One factor is inevitable – the creation of tax effects when transfers of business operations, companies and personnel, are initiated. The method used to implement structural change can also create tax effects, both good and bad.
Corporate restructurings are governed by a host of tax regulations. Forvis Mazars has comprehensive experience of restructuring and we know how to avoid the pitfalls, thus allowing companies to maintain control over the entire process.