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First published in City A.M., 31 July 2017
Despite the UK’s Brexit vote and the hesitancy with which several world leaders welcomed US President Trump’s appointment, global cooperation has been a key trend in tax over the past year according to consultancy firm Taxand.
However, Trump’s mooted tax reforms and reviews could shake up the global mergers and acquisitions (M&A) landscape, Taxand has warned.
These could have consequences from changing the way transactions are structured to making a company reluctant to undertake a deal at all.
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One of the actions taken by the new administration is to require a review of significant tax regulations promulgated over the last year.