MAx - Issue 1
15 October 2009
The downturn in M&A activity because of the global financial crisis is clearly evident in the number of class rulings being sought from the Australian Taxation Office (ATO), with only eight M&A related class rulings having been issued in 2009 compared to over 25 in 2007. However, with some signs of life emerging in the M&A market thanks to Jennifer Hawkins and the Myer IPO, Greenwoods & Freehills thought it an opportune time to begin providing a regular overview of tax developments that are relevant to M&A, starting off with special dividends and rights issues.
Click here for Issue 1 of MAx.