This edition of the Taxand Global Guide to M&A Tax has been designed as a desktop reference book covering 30 countries and to provide at-a-glance insight into the tax treatment of global mergers and acquisitions.

Unplanned cash burn and EBITDA erosion are common in carve-out transactions. In most of the deals we engage with, there are multiple points where buyers and sellers allow value to leak over the course of the transaction.

As ESG moves up the agenda, there are expectations that executive pay should be linked to it, presenting an additional challenge for Board Remuneration Committees. In considering which ESG targets should be incorporated into executive incentives, organisations should assess how these metrics connect to their overall business strategy. Remuneration Committees should consider what is most relevant to the business, whether it can be measured effectively, and how to ensure that targets are stretching but also realistic and achievable.

To decide if the services you supply and/or receive fall within the scope of the DRC, you will firstly need to consider if these are construction services or whether they are specifically excepted, and secondly, if they are supplied in their own right or as part of a wider supply of construction services.

In this Tax Notes article, A&M’s Kevin M. Jacobs and Ken Brewer share their perspectives on the Senate Democrats’ international tax framework and how the plan compares with the proposed changes envisioned by the Biden administration.

James Deets Named 2021 Best Lawyers in Dallas for Compensation & Benefits by D Magazine

The Digital Operational Resilience Act (DORA) aims to put into place a comprehensive framework to strengthen and streamline conduct around digital risk management for financial services firms. A&M’s Cyber Risk Practice lay out a three step plan to support organisations as they look to align with the new DORA requirements.

John Hartig, who has led transformation in media and information services enterprises, joins A&M

The first 50 annual general meetings (AGMs) of 2021 have now taken place and stakeholders are closely watching how companies have addressed Covid-19 disruptions in making decisions on executive pay.

Leading global professional services firm Alvarez & Marsal (A&M) today announces that it has expanded its Debt Advisory team in Europe with the appointment of Floris Hovingh as a Managing Director in London, Axel Rink as a Senior Director in Frankfurt and Atif Malik as a Director in London. All three bring over 20 years+ each of debt advisory and banking experience to the growing A&M debt advisory practice.

The U.K. may soon adopt similar legislation to the U.S. Sarbanes-Oxley (SOX) Act to combat corporate financial fraud and misconduct.

Who were the top performing banks in Europe? In A&M’s first edition of the European G-SIBs Pulse, we analyse eleven leading European banks and highlight the top performers based on business profitability, balance sheet resilience and CO2 footprint estimation.