The Netherlands, UK, France, Germany, Italy and Spain have confirmed that they are moving ahead with the implementation of the OECD’s Pillar 2 Model Rules and are targeting an effective date of 1 January 2024 with the undertaxed profits rule to become effective as of 2025.

Alvarez & Marsal Healthcare Industry Group Co-Heads Martin McGahan and Peter Urbanowicz recently discussed financial challenges affecting health systems in an article featured in Healthcare Finance News, "Health Systems Need to Balance Their Service Offerings Against Dwindling Financial Resources."

That is the question. At least it is for remuneration committees considering their approach to executive director salary increases for next year.

How the current energy crisis is likely to result in permanently higher energy costs:
Managing the current crisis is essential for surviving, but understanding the lasting impacts is key for the longer term.
The ongoing global energy crisis since 2021 has been proven quite economically destructive due to its sheer price increase and the speed at which this has happened.

Earlier today, the Investment Association published updated Principles of Remuneration and a letter to remuneration committee chairs setting out their members’ expectations for the 2023 AGM season.

Read our key insights on how retail has been impacted by the economic slowdown and key steps for survival in “Walking a Tightrope: Retailers Grapple With Inflation, Debt and Dwindling Demand”.

Chancellor of the Exchequer Jeremy Hunt addressed the UK parliament at 11:30 this morning to set out a £54 billion plan to cut spending and raise taxes – with the latter contributing around £24 billion of that total.

Trying to predict the tax landscape has become unusually challenging – if not virtually impossible – in recent months. The slew of tax policy U-turns and rising political uncertainty in the UK this year have hampered planning and investment decisions for businesses and individuals

Ron Thompson speaks on a panel about debt restructuring in China at the Debtwire Forum Asia Pacific 2022

Build your business’ future with the right deal.

In our Seat with an Expert video series, Rocco Grillo discusses the threats and risks organizations are tackling today and best practices to increase cyber resiliency.

The cost-of-living crisis is hitting banking customers hard, with several indicators showing the various ways rising prices are putting financial stress on household budgets. A growing number of people have reported cutting down on essentials or dipping into their personal savings and taking out loans to pay bills.

The Chemicals and Materials sector is facing a new set of uncertainties related to impacts from the pandemic, geopolitical turmoil and economic disturbances. In this period of uncertainty, companies need to ensure their internal capabilities are nimble enough to meet the challenges.

During the breakdown of a relationship, Capital Gains Tax (“CGT”) rules concerning the distribution of assets between married couples or civil partners may be unlikely to be at the forefront of the unhappy couple’s minds.