Business & Company: Mergers & Acquisitions - FAQ
Who is liable for the tax liability of the group?
- The head company is responsible for the tax liability of the entire group.
- The members of the group may still be jointly and severally liable if the head company fails to comply. This means that one or more of the subsidiary companies may be liable for the tax of one member or the entire group.
Read some more FAQS from our Mergers & Acquisitions section