Buying a business or asset
Ownership is transferring into the client's hands. Transaction tax reads the deal and the tax consequence; structuring, corporate work and the transaction process sit beside it.
Tax
Transaction Tax
Understand the tax implications of buying, selling or reorganising a business. Connected with the commercial terms, legal work and financial review of the transaction.
Discuss your priorities
The wider perspective
Transaction tax begins with what is changing hands.
Financial decisions depend on more than a set of numbers. We connect the underlying records, the purpose of the reporting and the tax or commercial questions that sit alongside them. The result is a clearer basis for management, owners and their advisers to act.
In focus
Transaction tax begins with what is changing hands.
Practical support
How Millcorn helps you move forward
01 · Your task
Identify tax issues before closing a deal
02 · What Millcorn does
We review the proposed deal and tax records, identify exposures and coordinate tax findings with the commercial terms and legal documents.
03 · What you receive
A transaction tax issues report and actions for negotiation, closing and integration.
We agree the specific work and deliverables after reviewing your circumstances.
Discuss my situationExpertise in context
Transaction Tax
The work, organised around your priorities.
- 01
What transfers
Shares, assets, a business perimeter, or a reorganised interest.
- 02
Who the parties are
Buyers, sellers, group companies, investors or family owners.
- 03
How it is structured
Share deal, asset deal, merger, contribution or internal rearrangement.
In practice
Different situations. A considered response.
Selling a business or interest
Ownership is leaving. The tax outcome of the disposal is held with the transaction process, corporate work and, where the seller's personal position matters, planning.
Reorganisation or group change
Internal ownership, entities or perimeter are rearranging. Transaction tax and structuring read the tax architecture of the change; corporate and accounting work hold the records that move with it.
Working together
A clear path through the work.
- 01
Establish the position
Understand the tax implications of buying, selling or reorganising a business. Connected with the commercial terms, legal work and financial review of the transaction.
- 02
Reconcile and analyse
The accounting period, relevant entities and intended users determine what information matters.
- 03
Report and decide
Transaction tax begins with what is changing hands.
From perspective to action
Transaction tax begins with what is changing hands.
There is no single transaction-tax answer. The position forms where the transfer type, parties, structure, economics and jurisdictions meet. Structuring may sit beside the deal; it is not the same as reading the tax consequence of the transaction itself.
The engagement begins with a shared view of the questions to resolve, the work to be delivered and who is responsible. As the matter develops, the plan can be reviewed against new information and changing priorities.
Explore your next stepSee the connections
One decision. A wider impact.
The same commercial outcome can create different tax positions depending on who is transferring, who is receiving, and how consideration is arranged. Transaction tax holds those facts with the deal structure.
We identify the dependencies early, so the relevant professionals can work from a shared understanding of the objective and the information available.
Talk through the connectionsTransaction Tax
- 01What transfers
- 02Who the parties are
- 03How it is structured
Designed for the next decision
Clarity you can work with.
The exact scope and deliverables are agreed for your circumstances. The aim is to make the relevant information, choices and responsibilities clear.
A reconciled information base
Issues, assumptions and dependencies
A reporting and review calendar
Before we speak
Start with your priorities.
A complete file is not needed for an initial enquiry. Tell us what you want to achieve, the countries involved and any relevant dates.
Relevant agreements, correspondence, key dates and your intended outcome.
Start a conversationWhat information is useful at the outset?+
Relevant agreements, correspondence, key dates and your intended outcome. We will identify what needs to be clarified before agreeing the engagement.
How does this connect with other advice?+
Accounting, tax and cash flow can describe different aspects of the same transaction. Those differences need to be understood before a decision is made.
How are fees and timing agreed?+
The relevant professionals review the circumstances, available information and dependencies. Scope, responsibilities, fees and the timetable are then agreed for the specific engagement.
Your next move