With summer holiday season just around the corner, the European Court of Justice (ECJ) has delivered a traveller-friendly ruling. In its judgment of June 12, 2025 (C125/24 – -Palmstråle), the ECJ clarified that individuals returning to the EU from non-EU countries – such as Norway – are not automatically liable for import VAT if they fail to complete certain customs formalities, provided they acted in good faith and the goods were originally exported from the EU and thus fulfilling all prerequisites for a duty free import as “returned goods”.

Unlock the hidden potential of manufacturing efficiency by diving into the often-overlooked world of indirect functions. From logistics and quality assurance to maintenance and planning, these areas hold the key to agility, cost reduction, and operational excellence.

Culture and leadership are among the most powerful drivers of merger integration success. Discover how a well-managed cultural and leadership integration can accelerate synergies, drive innovation and create a high-achieving organisation.

Learn the common-sense, practical methods for family offices to implement strong governance and internal controls to mitigate risk and safeguard wealth.

Managing Director Annie Peabody recently featured in CFO's article "Balancing strategic tradeoffs and leadership transparency during challenging transformations".

The German Ministry of Finance (BMF) has issued updated guidance on the VAT treatment of self-consumption, subsidies, and input tax deduction. Operators of energy generation plants will now face new clarifications—and specific action points.

Managing Director Jonathan Nus was recently featured in Thomson Reuters' article, "FASB Advisers Warn: Disclosures Lacking Around Trillion-Dollar Private Credit Market."

Private Capital Tax developments in the Asia-Pacific region are varied and ever-changing. Here are Alvarez & Marsal's Top 10 private capital topics for 2025 Q1.

In a recent article, A&M Healthcare Industry Group experts examine proposed Medicaid funding cuts and their potential impact on health plans, states, providers, and enrollees. The piece outlines key policy shifts and strategic considerations ahead.

When traditional forensic accounting hits a dead end, combining it with intelligence and asset tracing can uncover hidden wealth and maximize recoveries. This integrated approach adds significant value in investigations, litigation and bankruptcy matters.

In a recent article, A&M Healthcare Industry Group experts explore key policy changes, market dynamics, stakeholder implications and strategic actions for navigating the evolving landscape surrounding the Affordable Care Act marketplace.

This week’s Alvarez & Marsal Tax Update discusses two new decisions by the German Federal Fiscal Court (BFH) on VAT allocation for bundled meal offers.

The new Managing Director in Munich brings more than two decades’ experience in the technology sector to help meet growing client demand for M&A and investment advisory. The senior appointment builds on the recent launch of the fast-growing practice in Germany.

Discover the latest insights in Alvarez & Marsal's Q1 2025 UAE Banking Pulse report.

Earlier this year, Deputy Commissioner for Private Wealth, Louisa Clarke did not shy away from stating “Trusts will also continue to be a key focus area for us. In 2025, we’ll be continuing to raise awareness about family trust distributions tax and how it applies to distributions made outside the family group.”