Distressed Companies: How Tax Executives Can Help Smooth the Ride |
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While recent announcements have signaled a potential end to the recession, a large number of companies will continue to experience financial distress — some to the point of bankruptcy.
Many of the critical issues facing companies in distress involve choices with significant tax implications. But, these situations also present some opportunities for helping a company manage through distress — if the tax function is involved early and adequately in the process.
In a new report, Deloitte reviews the stages and key indicators of distress, as well as various tax technical concepts that a tax director should consider when a company is in a distressed situation or acquires a company in distress or under bankruptcy reorganization.
In addition, the report includes responses to polling questions posed to more than 1,000 executives during a Dbriefs Webcast on level of tax function involvement when addressing distress within their organizations.
Download the full report at the bottom of the page to learn more.
Distressed Companies: How Tax Executives Can Help Smooth the Ride



