Tax Treatment of Future Obligations Assumed by a Purchaser
A recent Supreme Court of Canada decision on the tax treatment of assumed future obligations has great relevancy to mining and other resource transactions.
A recent Supreme Court of Canada decision on the tax treatment of assumed future obligations has great relevancy to mining and other resource transactions.
“The Goldman Four were unsupervised, inexperienced, incompetent and lazy investment bankers who were put on a transaction that in the scheme of things was small potatoes for Goldman.” – NYT
Every business owner that intends in the future to sell some, or all, of the business could benefit from a thorough understanding of the value of the business today and the metrics that drive the valuation. Annual business plans should include a plan to directly improve the relevant metrics.