On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act of 2017 (TCJA), bringing about the most sweeping changes to the Internal Revenue Code since 1986. Total rewards professionals are now reconsidering the value of various compensation vehicles and employee benefits programs.

In this article originally published by Tax Notes, A&M Managing Director Philip Antoon and Senior Adviser Kenneth Brewer discuss the implications of the TCJA’s changes to the rules for valuing IP.

High employment might be great for the U.S. economy, but not necessarily so for private equity investors. Alvarez & Marsal’s Private Equity Performance Improvement practice managing Director Tim Keneally, Senior Director James Guyette and Director Mark Schmidt investigate the issues.

In this tax alert, we look at key areas where guidance is provided in the proposed regulations in advance of additional commentary and insights from our experts.

While the Tax Cuts and Jobs Act (TCJA) has been marketed as “reform,” it is better described as an expansion of Federal tax law, with many legacy rules remaining intact but now overlaid with additional requirements. One example of this is how companies are required to recognize foreign exchange (FX) gain or loss on distributions from foreign subsidiaries.

Driven by a record-breaking M&A market and historically low credit spreads, the leveraged loan market was white-hot in the second quarter of 2018.

This edition of the Taxand Global Guide to M&A Tax has been designed as a desktop reference book covering 33 countries and to provide at-a-glance insight into the tax treatment of global mergers and acquisitions.

H1 2018 saw a record total value of European deals in the TMT sector for more than a decade. Transaction value almost tripled to €103 billion (473 deals) from €35 billion (618 deals) last year.

Building digital financial services in countries where many lack access to traditional banking is opening up economic opportunities for the millions of people known as the “unbanked.” It is also boosting efforts to transform companies’ and broader organizations’ ability to deliver services in emerging markets.

Every industry, at some point, will experience a downturn. Those companies that strategically plan for these events, foreseen or unforeseen, are more likely to survive and thrive in a difficult market. In some respects, all industries are cyclical, differentiated only in their severity and the duration of the cycles.

Since the enactment of the Protecting Americans from Tax Hikes Act (PATH) in December 2015, private Real Estate Investment Trusts (REITs) have become the vehicle of choice for many foreign pension funds investing in U.S. real estate.

Deyan Mollov takes a timely look at what The Guidance for Tax Administrations on the Application of the Approach to Hard-to-Value-Intangibles entails.

In this issue of Raising the Bar, Cristal Brun explores how the shift from volume-based incentive bonus plans (primarily focused on sales) to targeted incentive-based bonus plans (focused on a wider array of criteria) can impact competitive position, profitability and the customer experience.

The 2017 Tax Cuts and Jobs Act (TCJA) modified Section 162(m) in several significant respects. While the TCJA provided some transition relief for the amendments to Section 162(m), it also introduced a "grandfather rule" that has been the subject of much debate. Notice 2018-68 answers many questions surrounding this grandfather rule and brings some certainty to this area of the tax law. This article will address a few of these issues at length.

Back office spending made in the past is now becoming irrelevant, such as call centers built offshore or in cheaper locations at home, as well as huge data centers. Now companies can buy all the server capacity they need from Microsoft Azure or Amazon Web Services more cheaply, and telephone services can be provided by robots responding to voice commands.