Cash is king No.6 This year that opportunity time for Merger and Acquisition(M&A)
My work experience that must be on the M&A team many times because I am a leader of accounting, finance and expertise of tax planning that are very important must oversee tax planning of each entity of seller, buyer company and personal income tax(PIT as big amount) for mainly shareholders.
Those my jobs shall be conclusions before and after the M&A process, including issues of people from different cultures.
There are many objectives for M&A, which one important to consider is liquidity that the first priority.
M&A that I must work with the law firm, FA and IFA teams or do its myself.
My M&A jobs most likely of economical as
1.I like that amalgamation method more than Entry Business Transfer (EBT) for merger that especially of real estate business. This method will failure at those the process of accounting and taxation clearing with revenue department.
2.Shares swap, that is still a tax risk for the sellers.
3.Taken over that acquire shares. Shall be focus personal and corporate tax risk.
Surachai.e CPA/Group CFO