Ken Brewer, Senior Advisor with Alvarez & Marsal Taxand, LLC, was published in the April 6, 2020, issue of Tax Notes Federal. In "Global Tax Planning for Strange Days," he addresses some specific issues and tax planning strategies for losses incurred during the coronavirus pandemic and loss recoveries under U.S. tax law, and he provides some general observations about strategies that may create tax benefits in other countries.
“For many businesses, the strangeness and uncertainty caused by the coronavirus pandemic are rampant. From a financial perspective, it starts at the revenue line and works its way all the way down to the bottom line.
"One thing that is not uncertain is that many companies will experience losses like never before
(both in magnitude and strangeness). In times of trouble for a business enterprise, the tax
department is presented with the opportunity (welcome or not) to be a valuable — and perhaps
the only — profit center. With that in mind, this article ponders strategies for maximizing the
kinds of profits that might be generated by a tax department during these strange days."
Click here to read the full article
Labor & Benefits: How to Prepare for a Successful Audit
August 5, 2025
A&M Senior Director Emily Miligan was recently a guest on the Weaver: Beyond the Numbers podcast and shared insights on how organizations can best prepare for a benefit plan audit.
Tax losses in share deals – Hidden value impacting purchase price negotiations?
August 4, 2025
In many M&A share transactions, tax losses may represent significant hidden value. But that value depends particularly on two key questions: Can the tax losses survive the transaction and can the parties mutually agree on a business plan substantiating the future usage of the potentially surviving tax losses? Our article outlines how jurisdiction-specific rules — especially Germany’s strict change-in-ownership regime — affect the usability of tax losses post-closing, whether tax losses can provide a shelter for historic tax risks and why tax losses impact purchase price negotiations.
EU Customs Reform: Impact on businesses
August 1, 2025
The EU is set to overhaul its customs regulations in 2028, with a key focus on modernising e-commerce.
Clarity on tax classification of foreign bail-in bonds
July 31, 2025
Proposed changes to Australia's tax treatment of bail-in bonds provide much-needed certainty regarding their debt/equity classification and tax law.
