Resources On-Demand

2. Debt restructuring and corporate reorganisations - part 2

This webinar on demand is part of a series of webinars. Click here to read more

Overview

In this video, three senior tax professionals from Bowmans Gilfillan will anchor four interactive webinar sessions on the practical application of tax law relating to debt restructuring and corporate reorganisations. The sessions will also include an interactive debate on key themes emanating from conducting tax due diligences. They will share past experiences and knowledge, invite commercial specialists and will consider the tax and commercial impact of Covid-19, particularly as it relates to distressed companies. The videos aims to provide participants with a sense of the typical commercial drivers and the tax principles that play a role in these topics.      

• Delegates will have the opportunity to submit questions which will be addressed during the live Q&A section at the end of each session.
• Delegates will earn two hours verifiable CPD for each session.

2. Corporate Reorganisations

The session will introduce you to the Corporate Reorganisation tax rules.

The corporate tax rollover relief provisions enable the tax neutral transfer of assets to companies and defer the potential tax liability. A transaction needs to have certain characteristics for the relief to apply. Over the course of two sessions, the presenters will explore the nuances of each type of transaction that qualify for tax rollover relief. In the first session, the following transactions will be discussed in detail:

• The acquisition by a company of assets in return for the issue of shares (“asset-for-share transactions”).
• Transactions within the same South African group of companies (“intra-group transactions”).

Commercial themes, particular to each type of transaction, will be blended with the tax technical analysis.