We are delighted to bring you our A&M Tax & Customs Newsletter New Year edition. This newsletter is filled with essential insights and analyses of the most significant tax and customs regulatory developments from the past quarter across the Gulf region.

Leading global professional services firm Alvarez & Marsal (A&M) has announced the promotion of 80 professionals, across Brazil, Canada, France, Germany, India, Italy, Spain, Sweden, United Arab Emirates, United Kingdom, and the United States, to the position of Managing Director.

After much anticipation, the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024 (BTR Bill), which introduces the proposed Build-to-Rent Tax Concessions, finally passed both Houses on 29 November 2024 and received Royal Assent on 10 December 2024.

The China VAT Law approved Dec. 2024 is a major step forward in codifying China's VAT system. Learn the impactful changes that will take effective Jan. 1, 2026.

Managing Directors Sean Kracklauer and Annie Peabody explore how mid-sized businesses can leverage A&M’s Next Generation Global Business Services Evolution Model to accelerate their digital transformation, enhance customer and employee experiences, and scale best practices globally.

Payers and downstream risk-bearing-entities have historically worked within department silos. In order to succeed under continued regulatory and financial pressures, organizations will still require department expertise but will also need to apply a systems thinking approach.

Kevin Davidson appointed as an A&M Healthcare Industry Group Senior Director, providing healthcare organizations with innovative human capital solutions.

A&M Managing Directors Shahzeb Panhwar and Joanna Black were recently quoted in Bloomberg Tax's article "Australia Debt-Deduction Guidance Seen As Restrictive, Vague."

The travel and hospitality industry is entering a stable phrase in 2025. However, with travelers aiming to get the most value for their money while still seeking unforgettable experiences, travel and hospitality companies will need to distinguish themselves in an intensely competitive market.

To fully navigate the complexities of negotiating Tax clauses in a Share Purchase Agreement (SPA) when acquiring a Dutch taxpaying entity, staying updated on the latest developments is key. Our latest report, "Developments in negotiating Tax clauses in a SPA – Netherlands October 2024", highlights critical changes and emerging trends, including the impact of W&I insurance, Pillar II Minimum Taxation, and tax group deconsolidation.

Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Nathan Ray as a Managing Director within its Healthcare Industry Group.

Paris, le 14 janvier 2025 - Pour la 2e année consécutive, le Club Operating Partners de France Invest et l’équipe Private Equity Performance Improvement (PEPI) du cabinet de conseil international, Alvarez & Marsal, publient une étude sur le rôle des Operating Partners. Cette édition met en lumière l’impact stratégique et financier accru de ces experts opérationnels dans l’écosystème du capital-investissement français.

In today’s volatile, uncertain, complex and ambiguous (VUCA) environment, businesses across industries are facing significant challenges. Global disruptions, geopolitical tensions and fluctuating consumer behavior are hurting the economic recovery from the pandemic, making it imperative for companies to adapt swiftly.

Dublin, 6 January 2025 – Leading global professional services firm Alvarez & Marsal (A&M) has opened its first office in Ireland and established its Corporate Finance practice in the country. Niall Flood joins as Head of Corporate Finance in Ireland and will lead the development of the practice from the firm’s new office in Dublin.

In a recent article, A&M Investigations, Compliance, and Monitorship experts Steve Spiegelhalter and Bridget Johnson discuss the potential impact of a changing administration on the US regulatory environment, developments around the US government's incentive programs and DOJ's continued emphasis on effective compliance.