We have extensive experience advising on all tax aspects of the restructuring of debt involving companies and their shareholders/directors.
Particular issues that we have dealt with include:
- Ensuring any release or restructuring of debt does not result in a taxable receipt for our clients.
- Seeking to ensure that any tax losses available to a debtor company continue to be available post restructuring of debt.
- Ensuring that any proposals put forward to address tax issues are commercially acceptable for both lender and borrower.