In this article, we describe how healthcare providers should tackle the compliance risks posed by the COVID-19 crisis through their established compliance programs.

Yesterday, the Treasury and the IRS released final high-tax exception GILTI regulations and proposed high-tax exception Subpart F income regulations. While the regulations are favorable in that they allow taxpayers to apply the high-tax GILTI regulations retroactively to taxable years of foreign corporations beginning after December 31, 2017, and are a little more favorable than the proposed high-tax exception GILTI regulations (the 2019 proposed regulations), the regulations will change the tax community’s view of the high-tax exception.

Supply Chain experts Sean Laffere, of A&M's Corporate Performance Group, and Al Liguori, of A&M's Taxand Group discuss what's required for businesses and supply chains to adjust to the post-pandemic era, including the tax and pricing implications of shifting sourcing from China. 

Houston banks sell off energy loans, cut credit lines to oil and gas companies

As companies work to adapt to commercial life during the COVID-19 pandemic, tax planning has come into focus for cash recovery and cost reduction. For many companies, decreased earnings and special tax incentives/remedies in response to COVID-19 will greatly reduce or eliminate federal income tax for a year or more.

Due to the negative effect of COVID-19 on the state’s budget, on June 29th, 2020, California Governor Gavin Newsom signed...

Yesterday, Treasury and the IRS released final regulations under section 250.  Section 250 allows a deduction for domestic corporations (and in limited circumstances individuals) with respect to its global intangible low-taxed income (GILTI) and foreign-derived intangible income (FDII). 

HMRC has published further guidance on the application of the temporary 5% reduced rate of VAT.

Market Update, Debt Investments and the Availability of Tax Loss Relief, Deferrals of POA, and COVID-19 Updates

In this report, we review traditional approaches to ZBB techniques and then outline how the adoption of a Pragmatic-ZBB approach, tailored to a Private Equity’s needs, can deliver significantly faster results with double digit Return on Investment ('ROI') while creating resilience against further shocks.

In addition to existing fiscal measures and VAT easements to stimulate the economy in response to the COVID-19 crisis, the U.K. Chancellor has announced a temporary VAT reduction for the beleaguered hospitality and tourism sectors.

Alvarez & Marsal Middle East Limited (A&M) is delighted to publish the first edition of the Kingdom of Saudi Arabia (KSA) Banking Pulse (“The Pulse”). In this planned quarterly series, we share results from our research examining the top ten largest listed KSA banks  by assets, and highlight key performance indicators of the KSA banking industry.