Preparation of Corporate Taxation Strategy – SPECTRUM

Submit RFP

About Us

To support the realization of vision 2030 by serving to diversified & sustainable businesses as a crucial facilitator.

Gallery

Social Account

The Assignment

The client is the business of commercial real estate that is involved in building giga projects like super malls, hypermarkets, etc., The variables of the business need the businesses to set up multiple entities for each of the projects as an SPV. With over 4 active subsidiaries and over 6 SPVs company is having a tedious impact on corporate taxation. The client approached us to prepare the tax strategy considering the board has approved reconstruction and the ongoing assessments and regulatory burdens.

The Role

Our role started with setting up a project management office consisting of experts, and SMEs and Identifying the tax impact of organizational restructuring with subsidiaries involving understanding the current tax position of each subsidiary, determining the proposed structure and transaction, analyzing the tax impact of the proposed transaction, considering the tax implications for the parent company. Evaluate potential tax planning opportunities to optimize the tax position of the buyer and the seller involving exploring different transaction structures, such as an asset purchase versus a stock purchase, to minimize taxes. Develop a tax strategy for tax optimization in a subsidiary buyout transaction ensuring compliance with all applicable tax laws and regulations.

Key Outcomes

With our expertise we are very pleased to deliver goal-oriented projects with outcomes of minimizing tax liabilities and generating tax savings leveraging funds for other purposes, such as reinvesting in the business, paying down debt, or returning value to shareholders, improving the cash-flow to fund the operating activities of the business. Ensuring compliance with all applicable tax laws and regulations, minimizing the risk of penalties, fines, or other legal consequences. Enhanced stakeholder confidence by demonstrating responsible tax practices and financial management.

"We recently went through a merger and were in need of corporate tax consulting services. We engaged the services of a spectrum and were impressed with their knowledge and expertise in navigating the complexities of a merger. They provided us with a comprehensive tax strategy that ensured we were compliant with all tax laws and regulations while maximizing tax savings for our company".