The Offshore Voluntary Disclosure Program, which began in 2009 and was updated in 2014, will soon be coming to a close.

A successful transformation program may naturally lead to a sale of divisions or the business as a whole, by increasing the value of the enterprise, says Aversano. In a recent client project, A&M’s corporate transformation team was brought and successfully reduced costs by over $20 million, resulting in the business subsequently being put up for sale in order to capitalize on this new value creation.

Last month, new legislation was overwhelmingly passed to expand the scope of the Committee on Foreign Investment in the United States (CFIUS). A&M’s James Dubow and Eric Wang weigh in on how to handle an expected increase in supply chain-related efficiency problems.

The International Tax Congress (ITC) saw over 150 delegates gather in London on June 13-14, 2018. Attendees had a bias to those based in the U.K. representing U.K. plc’s such as Vodafone, Ladbrokes Coral, Next, Petrofac and IHG but also a number of European heads for large multinationals such as Coca Cola, Caterpillar, Dell, Proctor & Gamble and Blackrock.

​​​​​​​Let’s set the scene. You are two and half years in after an acquisition. The company went through an initial value creation exercise. At the time, it looked like the investment case stacked up. The business looked commercially well positioned. Management were knowledgeable and enthusiastic and seemed to be in control of the business. The platform was stable, albeit it needed some investment. But now it’s all looking a little soggy.

The ability to accurately predict corporate credit ratings is essential to numerous business functions for both borrowers and lenders. When predicting debt ratings, analysts often apply linear models, financial ratios analyses or a combination of the two. These models are usually inadequate across several measures.

The Quill physical presence rule will likely be remembered by a generation of remote sellers as being great while it lasted until the Wayfair decision came along to break it up. If Congress will not act to impose a semblance of order, such as dusting-off the Marketplace Fairness Act legislation, use tax nexus analyses are now subject to the same nexus standards as any other type of state tax.

This article provides an overview of this “simplified” accounting alternative for private companies, and provides insights to companies and management teams regarding the pros and cons of adoption. Making the wrong choice can result in costly restatements which might also delay a transaction.

Blockchain and General Data Protection Regulation (GDPR) are in vogue. No one can escape their mention. Since the GDPR’s implementation in May 2018, we’ve heard story after story about firms not being prepared or worse, being ignorant to the changes in the law. Blockchain, on the other hand, is a more positive story.

Alvarez & Marsal (A&M) is often brought in by management teams and Boards to take a clean sheet of paper approach to challenging the business model and cost structure for our clients. 

After understanding when and how to apply Monte Carlo simulations for valuation purposes, it is important to be able to interpret the statistics of the results of the simulation and conduct diagnostics using those statistics to ensure the simulation is performing as expected.

Using the Market Contact Audit® (MCA®), a tool offered by A&M analytics partner Integration, Alvarez & Marsal commissioned a high level MCA Calibration study for the Alcoholic Drinks category in France to understand how brands can win given the unique set of challenges in this market.

In the decades since the physical presence nexus standard for use tax collection was established by the U.S. Supreme Court decision in Quill Corp. v. North Dakota, electronic commerce has grown to enormous proportions. Thanks to the physical presence rule established for remote sellers in Quill, many online sellers are not required to collect tax in all of the states where the retailer has customers.

In this article, we discuss the emerging role C-suite executives as portfolio managers of their hospital and non-hospital assets and the strategic alternatives available to maximize asset value.

Global professional services firm Alvarez & Marsal (“A&M”) today announces the findings of its latest analysis and predictor of shareholder activism in Europe, the “A&M Activist Alert”, or “AAA”. The AAA reveals that the number of U.K. companies predicted to be under threat from public activist targeting has risen 13 percent to 60 over the past 12 months.