Reverse Mergers/Amalgamations


Joined
Sep 6, 2020
Messages
2
Reaction score
0
Country
Sri Lanka
How do you account for a reverse merger where the subsidiary takes over the parent
 
Ad

Advertisements

Steve-LevelUp

VIP Member
Joined
Jul 18, 2016
Messages
315
Reaction score
43
Country
Canada
It depends is the short answer. What was the ownership structure, did the parent own 100% of the subsidiary, or was there a more detailed breakdown. If the parent owned 51% of the subsidiary, and then the subsidiary purchased up to 51% of the parent then the reporting gets very complicated.
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

UK Reverse Charge 1
Which condition could reverse the revenue? 1
USA Reversing Deferred Loan Interest income 4
Mergers 1
mergers 3
merger 1
Mergers 1
merger 0

Top