Client Work | Roald Dahl Story Company & Netflix Acquisition Deal, 2021
You might have heard... Netflix recently acquired the iconic Roald Dahl Story Company (RDSC). This is incredibly exciting news. As part of the tax advisory team for RDSC and the wider Dahl family, the team at Everfair Tax were honoured to help bring about this remarkable partnership deal which will help bring some of the world's most loved stories to current and future fans in creative new ways.
With family members resident in both the US and the UK - and the wish to devote a significant part of the proceeds of the sale to fund a charitable trust focused on the areas of children’s health, anti-hate and anti-racism - this was a very interesting and exciting project to be a part of.
It was great to be able to help guide on the tax consequences and ensure that everything was dealt with in the most tax efficient manner. We took into account the tax rules of both countries, the individual needs and wishes of different parts and different generations of the family and aiming to maximise the amount available for charitable work.
We look forward to continuing to work with the Dahl family and seeing these fantastic stories take on new life with Netflix.