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July 19, 2018

New York, NY – Alvarez & Marsal Taxand, LLC (A&M Taxand), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), announces a strategic partnership with one of the most advanced tax technology providers, Tax Technologies, Inc. (TTI). The partnership will bolster the streamlined support, centralized tax data management and industry expertise that A&M Taxand provides clients to maximize value.

Additionally, the partnership with TTI furthers A&M Taxand’s ability to advise domestic and multinational companies on managing risk and increasing efficiencies, while administering their complex international taxation needs.

Ernesto Perez, Global Practice Leader of A&M Taxand and the firm’s Global Transaction Tax Advisory Practice commented, “Tax professionals today are facing more changes and demands than ever before, particularly in light of the recent tax reform. As they are navigating these changes, this partnership offers cutting-edge technology, backed by our team of seasoned tax experts, that will increase efficiency and ensure regulatory compliance.”

The joint solution, utilizing TTI’s sophisticated, proven and secure software and data management capabilities, is designed to produce accurate tax results through automating calculations, simplifying analyses, streamlining reporting and centralizing tax data for future uses. In practice, it:

  • Creates a reliable and defendable base of calculations – required for reporting all current tax computations (and updated to cover Toll Charge, GILTI, BEAT, FDII, 163(j), etc.);
  • Calculates and tracks multiyear tax attributes by utilizing proven mechanisms;
  • Simplifies forward-looking planning scenarios by leveraging centralized data and technology;
  • Increases efficiencies related to managing complex data by plugging into existing platforms and automating the process.

 “A&M Taxand and Tax Technologies Inc. share a practical approach to solving complex tax issues. Reliable, technology-forward solutions will ease the demands tax professionals are facing in this new landscape, Our clients will truly benefit from this customizable new offering.” comments Albert Liguori, Managing Director of the A&M Taxand practice group. 

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to make change and achieve results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services.

With over 3000 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, help organizations transform operations, catapult growth and accelerate results through decisive action. Comprised of experienced operators, world-class consultants, former regulators and industry authorities, A&M leverages its restructuring heritage to turn change into a strategic business asset, manage risk and unlock value at every stage of growth.

When action matters, find us at alvarezandmarsal.com. Follow A&M on LinkedIn, Twitter and Facebook. 

About Alvarez & Marsal Taxand

Alvarez & Marsal Taxand, LLC, an affiliate of Alvarez & Marsal (A&M), a leading global professional services firm, is an independent tax group made up of experienced tax professionals dedicated to providing customized tax advice to clients and investors across a broad range of industries. Its professionals extend A&M’s commitment to offering clients a choice in advisors who are free from audit-based conflicts of interest, and bring an unyielding commitment to delivering responsive client service. A&M Taxand has offices in major metropolitan markets throughout the U.S., and serves the U.K. from its base in London.

Alvarez & Marsal Taxand is a founder of Taxand, the world’s largest independent tax organization, which provides high quality, integrated tax advice worldwide. Taxand professionals, including almost 400 partners and more than 2,000 advisors in nearly 50 countries, grasp both the fine points of tax and the broader strategic implications, helping you mitigate risk, manage your tax burden and drive the performance of your business.

To learn more, visit www.alvarezandmarsal.com or www.taxand.com. Follow A&M on LinkedIn, Facebook and Twitter.

About Tax Technologies, Inc.

Tax Technologies, Inc. (TTI) is a tax software company that provides effective tax and technology solutions to corporate tax departments and is a member of the SAP PartnerEdge® program, which allows partners to work closely with SAP to develop and certify the technical integration of their solutions with SAP software. Started in 2000, TTI has grown to have over 400 employees and has top-tier multinational corporate clients. This growth is attributable to a never-ending pursuit of client-focused solutions delivery in a complex corporate income tax world that demands rapid solutions.

TTI’s flagship product, Tax Series™, is an integrated SaaS solution that can handle all aspects of U.S. corporate income tax related tasks using a single database with integrated computations.

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CONTACT:    

Kelsey Eidbo, 415-732-7804, Infinite Global

Sandra Sokoloff, Senior Director of Global Public Relations, Alvarez & Marsal, 212-763-9853