Tim Hyak

Senior Director
@alvarezmarsal
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Insights By This Professional

Learn what Maryland's new 3% IT/Software Services tax means for businesses, what's taxable at 3%, and actionable steps to ensure compliance.
Audit preparedness is not just a defensive strategy; it's an integral part of a successful and resilient business. By adopting proactive measures, businesses can not only minimize the risks associated with sales and use tax audits but also create a foundation for sustainable growth. In a world where compliance is paramount, being audit-ready is a strategic advantage that fosters trust with tax authorities, investors and customers alike.
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Thought Leadership
On March 26, 2026, the Council and the European Parliament reached an agreement on the revision of the Union Customs Code (MUCC)[AA1.1][AA1.2][Ev1.3], proposed by the Commission on May 17, 2023 (COD 2023/0156).