Alvarez & Marsal Tax (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), announced its expansion across the Asia-Pacific region (APAC) with the appointment of James Badenach as a Managing Director and Head of A&M Tax, APAC (ex-Australia).

On the 1 Sept. 2024, the Kingdom of Bahrain announced the introduction of a Domestic Minimum Top-up Tax (DMTT) for multinational enterprises (MNEs). This release is a further demonstration of global alignment and commitment to the Organization for Economic Cooperation and Development’s (OECD’s) inclusive framework to introduce a global minimum tax (GMT) of 15% on large internationally operating groups. The Law will come into effect from the 1 Jan. 2025. 

In today’s volatile geopolitical climate, adapting to emerging trends is essential for maintaining business continuity and financial stability. Geopolitical uncertainties — ranging from trade conflicts to regional instabilities — pose significant operational and financial challenges.

Amidst rapid technological advancements like generative AI, forward-thinking law firms must adapt their operations to meet financial targets and client expectations. In a recent article, A&M experts Mike Shanahan and Sam Rudkin share their expertise to leverage these opportunities to boost efficiency, enhance client service and gain a competitive edge.

On 28 June 2024, the State Bank of Vietnam (SBV) released Circular No. 23/2024/TT-NHNN (Circular 23), which amends Circular No. 10/2016/TT-NHNN (Circular 10) with significant updates related to the implementation of ESOP for foreign entities in Vietnam. What are the key updates and how can it affect your business?

Swiss VAT refund procedure: Changes as of 1 January 2025
Based on published finalized version of the Swiss VAT ordinance, entering into force as of 1 January 2025, the Swiss Federal Tax Administration (SFTA) has published its draft guidance on the revised refund procedure for non-established/non-registered foreign VAT payers.

Recent legislative changes to Australia’s taxation system, coupled with current market conditions, present a unique set of tax and commercial considerations for Private Equity (PE) fund CFOs. In this update, A&M analyses these factors and explores effective strategies to navigate them.

Market Access is becoming more complex, prompting more pharmaceutical companies to outsource commercialisation services to specialised providers. To learn more about the key M&A trends taking shape this year in the Market Access space, read our latest paper.

Today, customer relationship management (CRM) systems are becoming increasingly integral to businesses, providing them with a means to improve customer relationships and increase their growth.

The activity for Mergers & Acquisitions has been climbing throughout 2024. Tax practitioners are increasingly encountering a growing trend of preparing audits of the associated purchase accounting, which is required under Accounting Standards Codification (ASC) 805, Business Combinations. A number of practitioners who deal with ASC 805 are highly knowledgeable when dealing with non-tax aspects, however, they may find themselves less comfortable with the tax focused components.

The digitalization of the insurance industry is bringing about benefits from improved customer services to operational efficiencies within the organization. On the flip side, these technological advancements have also increased the risk and scope of cyber attacks for insurers, who store significant amounts of sensitive data from policy holders.

Sustainable Supply Chain Finance (SCF) is emerging as a critical tool for banks to advance ESG initiatives and seize new business opportunities. In Alvarez & Marsal's latest report, we explore how banks can leverage SCF to mitigate risks and promote sustainability.

Antonio Alvarez III shares his views on the importance of Environmental, Social, and Governance (ESG) principles being integrated into business operations.

Assistant Director Rachael Kieran has been featured in the 2024 eprivateclient NextGen Leaders list. 

A&MPLIFY by A&M experts introduce a step-by-step guide to building a robust AI ethics framework. Learn how to weave ethics into your AI strategy with our comprehensive model, governance practices and implementation guidelines.