In times where cash is king the Belgian Government has introduced VAT measures to free up working capital and help companies through the crisis.
Both for companies in a regular VAT refund position and companies in a regular VAT payable position special measures have been taken.
1. For companies in a VAT refund position, the conditions to get a VAT refund on a monthly basis have been eased.
In order to benefit from the monthly VAT refund, a company should now meet following conditions:
Tags: cash, optimization, VAT, working capital
Our US colleagues published today a study on the M&A activity in the industrial products sectors. See www.pwc.com/us/industrialproducts
Despite the year-over-year decrease, some sectors began showing an increase in volume or value in the second quarter of 2009, when compared to the prior quarter. The chemicals sector experienced an increase in deal volume while the metals sector showed an increase in deal value during the second quarter of 2009. The aerospace and defense (A&D) and engineering and construction sectors were the bright spots in the second quarter, experiencing increases in both deal volume and value from the prior quarter.
”The outlook on deal activity and deal value for the rest of 2009 is following along the same path we saw in the first half of the year,” said Dean Simone, U.S. industrial products leader at PricewaterhouseCoopers. “Lack of financial investors, tight capital markets and the practically nonexistent large deal activity suggests we haven’t turned the corner just yet in the industrial products sector.”
Their conclusions are no different from what we observe from our side …
Tags: corporate finance, industrial products, M&A, Transactions
Tags: corporate finance, financial services, M&A
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