15 January 2021
M&A and tax warranties – Have you bought or sold shares since 2015?
Have you ever wondered whether the emergency legislation – which has given the tax authorities an extension of the time limit for carrying out assessments – has any effect on your M&A operation? Normally, in transactions involving the sale of controlling interests, the contract, generally referred to as a “SPA” (“Share Purchase Agreement”), requires the seller to make representations and warranties as to the existence of some characteristics of the target company.
0