You are entering into an uncertain terrain if you make an M&A deal without understanding the target company’s tax structure and historical tax statements.
That is why tax due diligence is the most crucial part of due diligence and requires more attention.
As you’re running your checks to better understand the target company's tax structure, you must particularly examine its historical and current tax profile, analyze tax returns, and study the company’s tax liabilities.
To successfully perform tax due diligence, you have to study several documents like tax audits, taxes paid records, a brief of overseas activities, the tax planning summary, and federal, state, and local tax returns. That’s a lot of documents to review.
But manually collecting and reviewing such a long list of documents for each potential deal will increase the risk of errors and probably require all of your team’s attention.
Our secure TDD checklist will help you identify and evaluate the tax-related issues in the business that you will inherit after the deal.
Clustdoc can help you collect accurate, well-organized, and comprehensive information for the tax assessment of the target business.
Clustdoc’s comprehensive checklist is the perfect way to analyze the target company’s tax structure and tax risks to discuss them at the negotiation phase.
The TDD checklist from Clustdoc will let you create an automated interface to get accurate insights into the target company’s historical tax risks, unutilized tax opportunities, the impact of risks, and more.
Our TDD checklist is comprehensive, robust, and interactive.
Using the checklist, you can gather valuable tax reports like– tax return details, agreements between the company and taxing authorities, previous tax audits, etc.
It will assist you in streamlining data collection and analyzing tax details to discover potential opportunities, assess serious risks, and build post-deal strategies.
With Clustdoc’s easy-to-use but advanced features, you can efficiently identify and manage tax associated risks and highlight opportunities for a successful M&A deal.
With all of the information, you'll be able to confidently negotiate the terms of the M&A deal and decide whether or not to move ahead with the deal.
Now you don’t have to request tax records and then copy or fax them to your audit team.
You can share your own white-labeled tax due diligence checklist online. And the other party can interactively attach digital copies of documents with speed and accuracy.
After the target company submits relevant tax records, the platform saves them in a unique folder on the cloud.
You can find the documents easily when needed and share them with your audit team without any hassle. You no longer have to carry a pile of paper everywhere you go.
All the details of the M&A transaction are available to you on your mobile or computer with a click.
We understand how sensitive and confidential business information shared with you is. Any breach of tax records of the company that you collect may ruin the M&A deal.
Clustdoc adheres to strict data security and encryption requirements.
With built-in security features and GDPR compliance, all the information about the business is safe and secure with Clustdoc.
To create a TDD checklist unique to you, Clustdoc offers a safe and white-labeled interface.
Clustdoc allows you to review, approve or request edits to documents you collect to make sure you have accurate information. It will assist you in evaluating the tax structure of the target business.
Because of our easy-to-follow checklist, the other party in the deal can efficiently and accurately share all the required information in no time.
We created an advanced TDD checklist template for you to save your time and effort.
The Tax Due Diligence checklist needs to be comprehensive and tailored to your requirements.
You can easily edit this tax due diligence checklist from our client portal to create a customized one for your deal and make informed decisions.
Clustdoc is the most advanced and efficient platform to assist you during M&A deals using modern tools.
You can now collect information and analyze the tax structure and potential tax risks of the target business with Clustdoc to mitigate financial risks and crack a successful M&A deal.