Feb 17, 2016
From the Financial Reporting Network
KPMG LLP recently released Executive Accounting Update: Reverse Morris Trusts – A Tax Efficient Divestiture Strategy. This publication provides an executive-level summary of Reverse Morris Trusts (RMT) and identifies tax, SEC, accounting, and financial statement reporting considerations related to these transactions. It also outlines KPMG services available to help companies navigate the complexities of RMT and similar transactions, which include providing due diligence, IT, and valuation assistance.