In the dynamic world of taxation, understanding the implications of the Capital Goods Scheme (CGS) is crucial for businesses investing heavily in significant assets. The UK’s Value Added Tax (VAT) system is designed not just to tax consumption but to allow businesses to recover VAT where appropriate. However, when it comes to major assets, such a

In the complex world of employee benefits, multiemployer pension plans (MEPPs) play a critical role in providing retirement security for employees across multiple organizations. Unlike single-employer plans, MEPPs pool resources and liabilities from multiple employers within a common industry or sector, offering unique advantages and challenges. In

Corporate transformation is often necessary for companies to remain competitive, adapt to market changes, and refocus their resources. One of the most effective tools for achieving this transformation is strategic divestitures. By selling or separating non-core, underperforming, or misaligned assets, companies can realign their focus on growth oppo