Information Technology integration costs are frequently the largest cost factor in an M&A transaction’s overall return. While many CIOs have the base knowledge needed to accurately estimate these costs, many are not experienced with articulating and defending their estimates in a meaningful way to the investment team. As a result, the combined entity’s desired IT capabilities may not be achieved or significant IT integration delays or cost overruns may be more likely.

Governments are aggressively enforcing anti-bribery laws and regulations, such as the U.S. Foreign Corrupt Practices Act (FCPA) and the U.K. Bribery Act, with increasing regularity. The FCPA, in particular, makes it illegal to corruptly offer or provide money or anything of value to government officials with the intent of obtaining or retaining business.

A case decided late last year, In the Matter of John Gaied v. New York State Tax Appeals Tribunal, has fanned the flames surrounding the Department's interpretation and application of the "permanent place of abode" rules of statutory residency. (957 N.Y.S.2d. 480 (App. Div. 2012))

On August 27, 2012, in Historic Boardwalk Hall LLC v. Comm'r, 694 F.3d 425 (2012), the United States Court of Appeals for the Third Circuit sided with the IRS and denied historic rehabilitation credits for a state authority's purported partnership with a credit investor, Pitney Bowes Inc...

The Marketplace Fairness Act of 2013 (MFA) has received a lot of media coverage since passing in the Senate with bipartisan support in early May.

Over the past few decades, the United States has entered into numerous bilateral income tax conventions with foreign governments. A primary purpose of these conventions is to ease the burden of double taxation on individuals and companies resident in each of the contracting states.

Intellectual property (often abbreviated as IP) covers patent, copyright, trademark, and other forms of technical or proprietary information, know-how and trade secrets. IP is increasingly becoming a valuable business asset. IP disputes are also becoming more common and carrying higher stakes. The well-publicized litigation between Apple and Samsung about the designs of smartphones and tablets is just one recent example of a headline-grabbing IP dispute between companies.

As Alvarez & Marsal Taxand heads into its 10th anniversary year, I want to personally extend my deepest thanks for allowing us to help guide you, our valued clients, through your most complex tax challenges.