Tax issues already play a major role in the run-up to an IPO. Even if the domicile and legal form of the IPO vehicle are not selected solely on the basis of tax conditions, the future corporate structure must provide for the best possible tax organisation of future dividend flows and optimal loss offsetting. It is therefore advisable to examine the structural issues from a tax perspective when planning an IPO.
Examine structural issues from a tax perspective
In addition, future investors must be informed about the current tax framework. This requires a tax due diligence review carried out in connection with the IPO, which enables the parties concerned to assess the tax opportunities and risks of their future investment. Tax due diligence is one of our core services in the run-up to an IPO.
After the IPO, the tax department must report regularly on the company's tax position. To this end, it must be fully informed at all times about the tax situation of the companies in Germany and abroad. In order to counteract strong fluctuations in the group tax rate, the tax parameters must not only be recognised, but also managed with foresight. This requires an efficient reporting system and a well-organised tax function.
We will be happy to support you in assessing and optimising your tax function with a view to the new challenges of a listed company.
Your contact
Lars Christian Mahler
Partner, Tax - Head of International Transaction Tax
KPMG AG Wirtschaftsprüfungsgesellschaft