20+ years of experience in international and transaction tax
Extensive experience with tax advice for multinationals, M&A deals, and distressed debt structures
Amsterdam
@alvarezmarsal
LinkedIn
Copied!
Marc Sanders is a Managing Director with Alvarez & Marsal Tax in Amsterdam. He brings more than 20 years of experience in international and transaction tax.
Mr. Sanders has extensive experience with M&A deals such as carve-outs, divestments, leveraged acquisitions, and distressed debt structures. His work covers all aspects of M&A deals and structuring, including managing transfer pricing, controversy, indirect taxes, and compliance. Mr. Sanders has worked with clients across various industries, including automotive, media, technology, and energy.
Prior to joining A&M, Mr. Sanders was a tax partner with EY, where he assisted multinationals and private equity funds on a range of Dutch and international tax issues. He was part of the Technology Media and Telecom team and responsible for clients on the US West Coast while working at Deloitte’s Dutch desk in New York.
Previously, Mr. Sanders worked with Andersen, Deloitte, and Tax Netherlands in the Netherlands, the US, and Aruba and worked as in-house tax counsel at a multinational technology and media company.
Mr. Sanders earned a master’s degree in tax law from the University of Amsterdam. A Dutch national, he is fluent in Dutch and English. Mr. Sanders is listed in the International Tax Review’s World Tax Guide as Highly Regarded Tax Advisor in the Netherlands.
Recently, the State Secretary of Finance published a new Decree with potentially significant implications for the VAT position of Dutch businesses and particularly companies with extensive group structures and (private equity) investors in the Netherlands.
Yesterday several tax measures were announced by the Dutch Ministry of Finance as part of the 2025 Budget Day Tax Plans which may impact the private equity industry.
The Dutch government announced on 21 February 2023 that, in order to maintain its vast network of tax treaties executed with other jurisdictions, the Kingdom of the Netherlands will renegotiate in 2023 several existing tax treaties and conclude new ones.
Latest insightsThe latest insights from Marc Sanders's team
In many M&A share transactions, tax losses may represent significant hidden value. But that value depends particularly on two key questions: Can the tax losses survive the transaction and can the parties mutually agree on a business plan substantiating the future usage of the potentially surviving tax losses? Our article outlines how jurisdiction-specific rules — especially Germany’s strict change-in-ownership regime — affect the usability of tax losses post-closing, whether tax losses can provide a shelter for historic tax risks and why tax losses impact purchase price negotiations.
