The New York Private Equity Network (NYPEN) and Ernst & Young LLP invite you to attend the 2007 NYPEN Accounting & Tax Education Series "Quantifying Impact of Taxes on Financial Models" to be held on Tuesday October 23, 2007.
 
The session will explore the key tax transaction issues from a private equity and venture capital perspective and will be led by professionals from Ernst & Young’s Transaction Advisory Services practice.

What you can expect to learn:

The session will focus on selected tax issues associated with financial modeling, including:  

Common Misconceptions – Taxes and Financial Models
Acquisition Structure – How is a tax basis step-up derived?
Tax Attributes - How much can be used post close?
Tax Deductibility - Is the interest on the leverage tax deductible?
Cash Taxes – What are the common timing differences?  

Event Details:
* Date: Tuesday, October 23, 2007
* Time: 7:00 pm - 8:30 pm (followed by cocktails)
* Location: Ernst & Young's Office - 23rd floor, 5 Times Square
  (7th Ave b/w 42nd and 41st Streets)