This course will provide practical guidance on implementing the summary approval procedure that can enable private limited company mergers. While primarily focused on company law, the webinar will also explore the associated tax implications.
Why you should attend
Although the Companies Act 2014 paved the way for merging private limited companies in Ireland for the first time, this possibility only became a realistic option when the Finance Act 2017 clarified the taxation of mergers. This instrument can now be implemented with immediate effect, providing accountants with a new tool to execute corporate restructuring and corporate transactions.
How you will benefit
This course will explore the theory of mergers under Section 464 of the Companies Act 2014 and explain its application in practice, as a new tool to facilitate tax planning and restructuring of Irish corporate structures.
Specific areas of focus include
- An overview of mergers under the Companies Act 2014
- The practical application of the summary approval procedure enabling private company mergers
- The practical application of mergers in restructuring scenarios
- The tax implications of mergers
- Potential opportunities and pitfalls for Irish SMEs
Des O’Neill: Co-Founder and Managing Director, OmniPro
Having worked for a number of years in practice, Des O’Neill co-founded OmniPro to develop tools, techniques, products and services, empowering accountants to achieve their best. Over 15 years, he has grown the company to a multi-million-euro turnover business and established OmniPro as Ireland’s largest independent provider of CPD for accountants.
Des speaks regularly, at national and international fora, on practice development, auditing, accounting, company law and regulation. He is passionate about bringing innovation to the profession and empowering accountants to achieve what they want in their careers and practice.
John Murphy: Tax, Corporate Restructuring and Practice Support, OmniPro
As a lead member of our technical support team, John relishes problem-solving to help accountants develop innovative client solutions and sharing his technical knowledge on tax, financial reporting and auditing.
He provides support, training and advice to OmniPro clients on financial reporting, auditing and company law matter and conducts company valuations. In addition, as a Chartered Tax Adviser, he advises on a range of issues from income tax, tax planning, restructuring and exit planning to Revenue audits.
A Chartered Accountant and Qualified Financial Adviser, John has over a decade’s Big 4 experience with EY and PwC, providing tax and audit services for a portfolio of clients, ranging in scale from SMEs to multinationals.