The TCJA dramatically expands the number of corporate taxpayers that will need to perform Section 382 calculations and understand the application of the rules.

The Asia Pacific Region is a broad and very diverse geopolitical place made up of many countries and varying perspectives on just about everything. Not surprising, the topic of anti-money laundering (AML) and counter terrorism finance (CTF) compliance models are not immune from that diversity.

Following a surprise announcement at the November 2017 Budget, we provide a reminder of the sweeping changes set to hit non-resident investors over the next two years.

Twenty years ago, seismic shifts in technology changed the business landscape almost overnight. The rapid spread of digital technology and the internet created new business models and a new way of operating.

The Tax Court's ruling's apparent positive impact did not survive U.S. tax reform. The TCJA ushered in new and significant changes to international taxation, including a provision that supersedes the Tax Court's decision in Grecian Magensite through the interplay of amended Sections 864(c)(8) and 1446(f).

Dubai – Leading global professional services firm Alvarez & Marsal (A&M) today released its latest UAE Banking Pulse for Q1 2018, showing that UAE banks continue to perform well, with higher levels of profitability, and liquidity is expected to remain healthy for the remainder of 2018.

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.

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.

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.