Upstream without a paddle

15 September 2005 / Michael Tuhme

Issue: 4025 / Categories: Comment & Analysis , Companies

MICHAEL TUHME warns practitioners not to be caught out by unexpected problems with loans to participators

From time to time I have the pleasure of putting my corporation tax commitments to one side and working instead alongside our corporate finance team in carrying out tax due diligence reviews, principally assisting banks with their investment decisions in private company acquisitions.

MICHAEL TUHME warns practitioners not to be caught out by unexpected problems with loans to participators

From time to time I have the pleasure of putting my corporation tax commitments to one side and working instead alongside our corporate finance team in carrying out tax due diligence reviews principally assisting banks with their investment decisions in private company acquisitions.

Together with the different working culture (very late nights for one) I also find myself asking many different technical questions especially as most of the engagements I am involved with cover a large proportion of the tax spectrum.

Like me I am sure those of you who carry out due diligence like to dig deep in the hope of coming across tax related 'issues' that may not have already been considered so that there is something exciting to report on. Now I do not mean those kind of...

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