This webinar addressed the comparison of the tax programs for innovation in the U.S., U.K., and Canada covering the practical considerations to capture the credit across multiple taxing jurisdictions

The COVID-19 pandemic accelerated the use of “telehealth” services by healthcare organizations that had previously taken a slow or narrow approach to virtual healthcare.

Global professional services firm Alvarez & Marsal (A&M) continues the expansion of its Financial Restructuring capabilities in Europe with the hiring of two new Managing Directors in Spain.

The current economic downturn, means lower valuations may be looming. Lower valuations can present certain international tax planning opportunities and the long-term benefits may significantly outweigh the short-term cost.

With the Presidential and Congressional elections looming, democratic presidential candidate Joe Biden (“Biden”) proposed new tax legislation (the “Biden Plan”) that significantly changes key areas of the Tax Cuts and Jobs Act of 2017 (“TCJA”). However, any specific details regarding his strategy towards the implementation of the proposed changes are not yet clear.

Executive compensation programs are one of the most important levers in a restructuring. We assist in developing and defending appropriate compensation programs to motivate and reward key executives and employees during the restructuring.

The Contract Development and Manufacturing Organisations (CDMOs) market is now worth $80bn and is growing at a CAGR of 6.7%. To make things even more interesting, the top five players together control just 15% of the market. Given that 90% of healthcare markets are commonly seen as ‘highly consolidated’, the CDMO space presents a rare opportunity to deliver outsize returns in a gigantic and highly developed industry like healthcare.

On Tuesday, the Treasury and IRS released final regulations dealing with certain aspects of the so-called base erosion and anti-abuse tax (BEAT) that had been addressed in proposed regulations published back in December of 2019.

In Part II of our Provider Relief Fund podcast series, we discuss Provider Relief fund terms and conditions and what recipients should know and do to demonstrate compliance.

The recent DOJ guidance focuses on the “Evaluation of Corporate Compliance Programs” and the emphasis on data analytics.

Is opportunity hiding underneath the economic rubble of COVID-19? Richard Chen, Managing Director; Dawn Duong, Senior Director; and Christina Cheang, Senior Manager; with Alvarez & Marsal’s Global Transaction Advisory Group, say yes

Industrial sectors like aerospace and automotive have some of the highest fixed operating costs in any industry anywhere. This environment creates the need for more substantive fixed cost reduction programmes.
A lower cost base is a competitive advantage in any sector and the COVID-19 pandemic has made management teams and private equity (PE) investors urgently reconsider the costs and benefits of different transformation programmes.

With retailers still working to respond to the global coronavirus crisis, partnerships and supply chains have never been more important – or under more pressure.

In a ‘normal’ year, annual and mid-year supplier negotiations can be the crucial difference that results in consistent margin performance and stable, predictable cost of goods sold (COGS) improvements. In this uniquely uncertain climate, the next round of negotiations will be the most significant in at least a decade, perhaps ever.

Late Friday, the IRS released its much-anticipated guidance (Notice 2020-65) on the implementation of the President’s August 8, 2020 Executive Order (EO) directing the Secretary of the Treasury to take steps to defer the withholding, deposit, and payment of the employee’s share of OASDI taxes and railroad retirement taxes.