41
Legal Entity Tax Integration
§Building blocks for a tax-efficient integration:
§Tax-free movement of shares / operations –
§US Sub C
considerations
§Tax free
reorganization and contributions, use of disregarded foreign entities / disregarded
intercompany sales,
single member LLCs
§Local and
Regional foreign tax considerations:
§Income – Capital
gain – Transfer - Stamp Duty – Capital
– VAT – Treaties
§Foreign Mergers
or roll-over (tax-exempt) asset transfers
§May require
grouping relief, brother-sister, parent sub alignment
§Design for Maximum Tax Value Capture
§NOL’s,
credits
§Repatriation
routes
§US FTC pool
monetization – E&P deficit combinations
§Holding
companies
§Entity
capitalization – tax efficient internal debt
