Publications

By KPMG Introduction Czech law contains a variety of special provisions applying to mergers and acquisitions (M&A) in areas such as company law, competition, environmental protection, accounting and tax. Unlike many jurisdictions, however, the Czech Republic had no detailed tax legislation dealing with M&A before European Union (EU) accession (1 May 2004), when legislation enacting the EU Merger … Read more

By KPMG Introduction The most common Finnish corporate entity is a limited liability company (LLC). There are two forms: the public limited company (Oyj) and the private limited company (Oy). Finnish company laws are largely based on European Union (EU) directives. The Companies Act was amended in 2006, to provide more flexibility in areas such as dividend distribution. … Read more

By KPMG Introduction The chapter addresses the three fundamental decisions facing a prospective acquirer in Croatia: What should be acquired: the target’s shares or its assets? What acquisition vehicle should be used? How should the acquisition vehicle be financed? Tax is, of course, only one piece of the transaction structuring puzzle. Company law governs the legal form … Read more

By KPMG Introduction The signing of several Free Trade Agreements (FTA) and the ambitious Panama Canal expansion are tangible signs that Panama is opening its economy to the global market. As a result, Panamanian companies are working to increase their competitiveness. Mergers and acquisitions (M&A) are increasingly common in Panama in recent years, and they are … Read more

By KPMG Introduction Cross-border merger and acquisition (M&A) activity in Colombia has been increasing in recent years, as the government has been reforming the tax system to enhance tax benefits for foreign investors. The following chapter analyzes the main tax issues that potential foreign investors should consider when deciding to invest in Colombia. Recent developments In … Read more

By KPMG Introduction Opportunities for mergers and acquisitions (M&A) in the Republic of Korea (Korea) have increased in recent years. A growing number of companies are turning their attention to M&A to compete in the global economy, expand operations and gain various synergistic benefits. As the number of M&A deals in Korea grows, the Korean government … Read more

By KPMG Introduction The Republic of Singapore is an island state and member of the British Commonwealth. Income is taxed in Singapore in accordance with the provisions of the Income Tax Act (Chapter 134) (ITA) and the Economic Expansion Incentives (Relief from Income Tax) Act (Chapter 86). Generally, the Comptroller of Income Tax is vested with the powers to … Read more

By KPMG Introduction Although not defined by statute, the phrase mergers and acquisitions (M&A) is used in Canada to describe combinations of business enterprises by means of an acquisition or other combination technique, such as an amalgamation that is allowed under applicable corporate law. A merger or acquisition involving shares of a Canadian company or its … Read more

By Deloitte Banks are on the move There has been much news about the growth of the emerging market economies, and how institutions in the developed markets are looking to benefit from these fast-growing markets. But the untold story is the reverse; banks based in these markets have been gaining strength, and with that strength, are … Read more