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...

Alvarez and Marsal’s Chris Kotarba and Nadia Altenburg of Flick Gocke Schaumburg joined Taxand on July 2 for a Lexology webinar on “Remaining BEPS Issues: Pillar Two.”

Insolvency is not an easy process for any company. There are innumerable challenges to face and fires to fight, with internal and external stakeholders alike.

As economies reopen, the problems get harder for businesses that have been severely disrupted by Covid-19. A&M’s Malcolm McKenzie explains the significant challenges for managing cash, resizing operations and changing business models that if not managed proactively, could threaten recovery.

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.