Tax Diagnostic Review and Due Diligence

When:
Wednesday, 10 May 2017

Activity Time:
09.00 a.m. to 05.00 p.m

Where:
DDTC Academy
Menara Satu Sentra Kelapa Gading 5th Floor,
Unit #0501
Jl. Bulevar Kelapa Gading LA3 No.1 Summarecon
Kelapa Gading Jakarta Utara 14240

Investment:
IDR 2.000.000,-
(Click here for discount)

Background:
Tax diagnostic review and due diligence are the processes by which some or all tax affairs of a company or business are independently reviewed in connection with a transaction to identify tax risk and/or benefits inherent in the company or business and/or to establish particular facts or circumstances with regard to its tax position.

Tax diagnostic review and due diligence, of course, can be performed in any circumstances where the knowledge of a company’s or business’s tax position is required. But as the term is generally understood, and a the above definition suggests, tax diagnostic review and due diligence is normally performed:

• in the context of transaction;
• with a third party;
• in which one party will directly or indirectly assume liability for, or the benefit of, or otherwise be affected by, some aspect of the tax history of a target company or business.

In whatever context it is performed, tax diagnostic review and due diligence should not merely be a factfinding exercise. Facts without interpretation are of limited value. Users of tax diagnostic review and due diligence require guidance on the implications of those facts and how to address those implications in the context of a particular transaction. Above all, tax diagnostic review and due diligence serve a commercial purpose. It should help the person who commissioned it to make the commercial decisions critical to a transaction, in particular whether or not to complete the transaction either in its entirety or even at all, how to complete the transaction in question, at what price, and what terms.

Considering the significance of tax diagnostic review and due diligence, this course will provide you with understanding and practical guidance on it.

Topics Covered:

• The principal types of tax diagnostic review and due diligence,
• The tax diagnostic review and due diligence process,
• Defining the scope of tax diagnostic review and due diligence,
• Reporting tax diagnostic review and due diligence findings,
• Tax due diligence: Implication for the contract,
• Dealing with specific area.

Lecturers: