May 24, 2022
Remote workers create state tax issues that can impact company value
Remote working is on the rise and portfolio companies need to understand US state tax ramifications and liabilities that can reduce the company's overall value or derail potential deals. Addressing these tax issues requires a close look at policies around remote and hybrid work and the implementation of internal systems for tracking and reporting employee locations. These issues can be especially acute for recently acquired or existing portfolio companies in a private equity fund, as a new EY article, "Remote workers create state tax issues that can impact company value," explains.