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Thought Leadership

Beyond Following the Money

June 11, 2025
When traditional forensic accounting hits a dead end, combining it with intelligence and asset tracing can uncover hidden wealth and maximize recoveries. This integrated approach adds significant value in investigations, litigation and bankruptcy matters.
Thought Leadership

German Tax Update – 5 June 2025

June 11, 2025
This week’s Alvarez & Marsal Tax Update discusses two new decisions by the German Federal Fiscal Court (BFH) on VAT allocation for bundled meal offers.
Thought Leadership

EOFY Tax Planning: What You Can’t Afford to Miss

June 10, 2025
Earlier this year, Deputy Commissioner for Private Wealth, Louisa Clarke did not shy away from stating “Trusts will also continue to be a key focus area for us. In 2025, we’ll be continuing to raise awareness about family trust distributions tax and how it applies to distributions made outside the family group.”
Thought Leadership

When Contractors Aren’t Contractors: Identifying and Mitigating Disguised Employment Risks in M&A Deals

June 9, 2025
Disguised employment (“Scheinselbstständigkeit”) remains a persistent issue in the German labor market. This is reflected not only in the growing number of solo self-employed individuals, but also in the increasing scrutiny by German tax and social security authorities. Disguised employment refers to situations where individuals are formally engaged as independent contractors or freelancers but, in practice, perform their work under conditions similar to those of regular employees.

Thus, understanding the complexities of German tax and social security rules on disguised employments is crucial in M&A deals, as this can often lead to compliance risks and significant financial exposure for the buyer.