Leading global professional services firm Alvarez & Marsal (A&M)’s today released its second UAE Banking Pulse, which compares the quarterly data of the 11 largest listed UAE banks in the first quarter of 2017 (Q1 2017) against the last quarter of 2016 (Q4 2016), as well as identifying prevailing trends throughout the intervening period.

Alvarez & Marsal(A&M) announced the opening of a Stockholm office aligned with the firm’s global expansion strategy and in response to market demand for an independent professional services firm to meet recent pan-European regulatory requirements. Recognized transaction advisory and operations professionals Christer Wiberg, Taus Wolfsberg and Christer Johansson join A&M’s Stockholm office as Managing Directors, with Mr. Wiberg serving as Country Leader and Transaction Advisory Leader of A&M’s Nordic operations.

Alvarez & Marsal (A&M), one of the leading global professional services firm for companies in complex situations, continues to expand its private equity performance team with the addition of Georg Hochleitner, who joins the team in Europe as a Managing Director based out of Munich, Germany.

This edition of Tax Advisor Weekly discusses some practical aspects related to the introduction of country-by-country (CbC) reporting by the Internal Revenue Service and the audit risks large and mid-sized companies may face following the submission of their CbC reports.

Time is fast approaching for many MNEs to submit their CbCR with the revenue authorities. Before doing so, it is essential that you and other members of the senior management team fully understand the implications of how your data may be interpreted by the authorities.

Alvarez & Marsal can conduct a high-level analysis of your company’s financial and functional profile in order to help you identify any areas of concern with regards to global documentation requirements under BEPS Action Plan 13 and transfer pricing generally.

In A&M’s continued commitment to the firm’s alumni and growth, our European practice recently hosted its first A&M Europe alumni event at the South Place Hotel in London for an evening of reconnecting and special keynote remarks by Tony Alvarez III.

As we near the midpoint of the year, those keeping a watchful eye on the mixed signals from Capitol Hill on tax reform may be growing skeptical at the prospect of any plan making it through both chambers of Congress by the end of the year.

In this issue of Raising the Bar, we provide information to help identify and mitigate some of the most critical underlying working capital issues before a dispute arises.

To date there have been countless articles about the potential effect of tax reform on companies both large and small, with the focus of these articles on the potential outcomes of tax reform on companies’ effective tax rates (please see the links below to A&M Taxand articles).

Managing Director Phil Beckett from our Disputes and Investigations team has today recently been named Investigations Digital Forensic Expert of the Year by Who’s Who Legal.

With the impending expiration of the National Flood Insurance Program and potential changes to flood policy, it is timely for lenders and servicers to strengthen their due diligence processes.

Under the House Republican “Blueprint for Tax Reform” (the Blueprint), companies would be able to deduct interest expense against interest income, but no current deduction would be allowed for net interest expense.