With recovery from the 2008 financial crisis taking hold and pent-up demand on both the buy and sell sides, cautious optimism marks today’s global mergers and acquisitions (M&A) markets.
Irish tax provisions on mergers and acquisitions (M&A) have been evolving gradually in recent years. There have been no fundamental changes since the capital gains tax participation exemption was introduced in 2004.
This past year provided several reasons for executives to feel optimistic about the economy. The Dow Jones surpassed 15,000 points, companies have been issuing IPOs at a record pace and Europe appears to have stabilised.