Companies undergoing restructuring attract taxman's gaze - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Companies undergoing restructuring attract taxman's gaze

Companies are using restructuring and mergers as tools to lower their tax outgo. Mergers allow companies to lower tax outgo on account of goodwill, a non-tangible asset, being written off within a few years after the transaction.

from Economy-News-Economic Times
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