Alvarez & Marsal’s new Scotland office hosted the inaugural Scotland Asset Manager Breakfast Briefing on Wednesday 24 June 2020. The Breakfast Briefing provided an overview of tax and commercial issues that Asset Managers may be facing in the current climate, including the following topics:
- A trends update provided by Daniel Parry, Managing Director;
- An overview of tax considerations relevant for co-investment and carried interest holders provided by Jordan Brown, Director; and
- A commercial and fiscal valuation update provided by Richard Bibby, Managing Director.
Kathleen McLeay, Chief Executive Officer, of NCM Fund Services Limited is the guest presenter on practical issues that can arise for a fund manager when a downturn hits.
To listen to a recording of this Webinar, please see the link below. To review the presentation, please click here.
Click here to visit our Scotland Asset Managers Briefing Note page.
Code of Practice 9 – What Is It and Is It Right for You?
December 12, 2025
At A&M, we regularly work alongside our clients’ existing advisors to ensure that they benefit from our extensive experience in managing Code of Practice 9 enquiries.
A&M Benefits Reference Guide
December 11, 2025
Many of the limits that pertain to qualified retirement plans and benefit plans are set by the Internal Revenue Service (IRS) and are subject to cost-of-living adjustments. In 2026, employees will be able to increase their retirement savings and contributions to health savings accounts as a result of the increased limits. The IRS limits for 2026 are summarized in the table below along with certain important compliance deadlines.
Pharma in Focus: A Prescription for Thai Tax & Tariff Health
December 8, 2025
Alvarez & Marsal recently hosted an engaging and practical session tailored for tax, finance, and trade professionals in the pharmaceutical industry. This first edition of our Thailand Tax Talk: Industry Series explored how tax leaders in the pharma sector can respond to increasing regulatory pressure, operational complexity, and cross-border trade disruption.
Supreme Court Upholds Delhi High Court Ruling: Indian Subsidiary Does Not Automatically Constitute PE, and No Further Profit Attribution Is Warranted Once the Subsidiary Arm’s Length Remuneration Is Paid
December 5, 2025
The Supreme Court’s affirmation of the Delhi High Court ruling in the Progress Rail case provides important clarity on Permanent Establishment standards in India.
The decision reinforces key principles on control, core functions, agency thresholds, and profit attribution.
It further underscores that arm’s-length remuneration to Indian subsidiaries precludes additional attribution.
A significant development for multinational enterprises evaluating their India-linked operating models.
