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Althea Soobyah

Jul 8, 2026

4:26
So from a tax perspective, how do you help people understand that baggage, I guess, and how does it inform your approach, whether they are doing position of a business or an acquisition of shares?
4:37
It's like you said, it's all about protecting value in a transaction.
4:41
Ultimately, at the end of the day, when you're looking at tax exposure, it could impact the value of your assets that you're going to acquire.
4:48
And it does impact the decisions you make on whether or not you're going to acquire at the shareholder level or you're going to acquire assets.
4:55
And what we do see from a lot of the transactions is ultimately about protecting value in the transaction.
5:01
A lot of the time what we notice is that tax has always been a grudge purchase from a compliance perspective for any taxpayer.
5:09
What we really do in a tax due diligence is to give comfort that to the extent that there is tax exposure, how does it impact the value or the acquisition, be it at share level or at an asset level? And in practice, there could be unpaid taxes, VAT risk, payroll issues, transfer pricing exposures, which would creep up along the line and sometimes unbeknown to the potential buyer.

11 MINS LATER

16:32
So I would almost ask Alfie just to give a little bit of detail more around just the benefit of actually using Forvers Mazars, because not only is it the South Africa team that's well-diversified financial tax, ESG, and a couple of other streams, but the assistance we get from other local offices is fantastic up in Africa as well.

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