In Minerva Financial Group Pty Ltd v Commissioner of Taxation [2024] FCAFC 28, the Full Federal Court reversed the Federal Court’s decision in finding that Australia's general anti-avoidance rules (Part IVA) did not apply to income distributions made by a trust within a stapled group structure. What rationale did the Federal Court provide for their decision?

While sales tax automation solutions are handy tools that have changed how a company’s finance organization complies with sales tax, the human component remains irreplaceable. How does human oversight affect the management of the sales tax process across various areas such as sales tax nexus, exemption certification management, sales tax audit management, and more?

As A&M PEPI US monitors the implications of the tragic collapse of the Francis Scott Key Bridge in Baltimore, we are working with clients to address how to mitigate the disruption in their supply chains most impacted.

Discover the visionary leadership of Managing Director Sean Laffere, recognized among the Top 25 Operations Consultants and Leaders of 2024. His strategic insights and innovative approaches are setting new standards in the supply chain services industry.

A&M Managing Director Brian Smith and Senior Advisor Simon Tarsh outline a Global Business Services (‘GBS’) model.

On April 3rd, 2024, Minister Alberto Pérez Dayán, President of the Second Chamber of the Mexican Supreme Court of Justice, issued a resolution on the review appeal 633/2023.

The Internal Revenue Service (IRS) has announced that its compliance efforts have protected over $1 billion in revenue since last fall, focusing on erroneous Employee Retention Credit (ERC) claims.

Dive into the pulse of Spain's energy landscape as A&M Spain dissects the highs and lows of 2023 through an M&A lens. Amidst challenges, the sector charts a promising course with a surge in activity towards the year's end and a promising dawn in 2024.

The Australian Taxation Office (ATO) issued Taxation Determination TD 2024/1 on 13 March 2024, which provides guidance on how certain concepts in the hybrid mismatch rules under Division 832 of the Income Tax Assessment Act 1997 should be interpreted. How does the ATO view these concepts and what are some of the key questions posed?

In today’s work environment, the prevalence of hybrid teams has steadily risen in the public accounting world. This blend of in-office and remote work presents unique challenges and opportunities. How are leadership strategies changing as the accounting profession evolves?

On March 28, A&M hosted a roundtable breakfast to discuss the intersection between wealth advisory and philanthropy, with a focus on how the industry is responding to the rising influence of women in giving.

In a recent landmark decision, Moshinsky J of the Federal Court of Australia ruled that a portion of payments made under exclusive bottling agreements made by Schweppes Australia Pty Ltd (SAPL), an Australian company owned by Asahi Breweries, was subject to royalty withholding tax (RWT) to the extent that they related to use of PepsiCo group’s intangible assets held by its US-based companies. The case revolves around Exclusive Bottling Agreements (EBAs) entered into by PepsiCo, Inc (PepsiCo) as owner of the Pepsi and Mountain Dew brands and Stokely-Van Camp, Inc (SVC) as owner of the Gatorade brand with Schweppes Australia Pty Ltd (SAPL), an Australian company owned by Asahi Breweries, as “Bottler”.

As an estimated 25 million students pursued higher education at domestic institutions this past fall, the U.S. Department of Education formalized its most recent set of rules and regulations aimed at protecting students from what it considers to be low-performing educational programs.

In the third edition of our "Why Data Cleanup Fails" insight series, A&M’s Joe Shepley and Christopher Hockey explore the critical role of process in data cleanup and how building strong processes can prevent inconsistent decision making and increased data risk.

Companies in the Facility Services sector — such as janitorial, HVAC, alarm security, fire protection and window washing companies, among others — represent a highly attractive target for private equity (PE) investors due to its recurring revenue streams, long contract terms, and essential service nature.