Business Issue
Transactions, no matter the form, present both complexities and opportunities. Tax leadership must ensure that the transaction is properly executed, there is no interruption to the business and synergies are captured. But they can also use transactions as a catalyst to enhance and optimize their people, process, data and technologies and to ensure tax is seen as a strategic business asset.
Description of Service
The TRS Deals group provides transaction services focusing on pre- and post-merger integration of the tax function.
PwC can assist with the following:
· Integration readiness
· Separation readiness
Target Client
· Businesses undergoing a transaction such as merger; spin-off or separation; purchase of assets or a carved out business.
· Businesses with new tax or legal leadership or complicated legal entity organizational charts.
Impact/Benefit to Client
Working with PwC's TRS Deals team, clients can mitigate risk and manage change during a transaction. The Deals team can help clients ensure there are no disruptions on Day 1 because of tax, align the tax and legal operating model to the post-close business, capture and create tax synergies, save SG&A costs and improve risk management.