Andersen Managing Director Joe Calianno’s article Pop-Up PFICs and Other Issues Raised by the OBBBA is featured in Tax Notes International.

Andersen Consulting strengthens its business transformation and digital transformation capabilities through a Collaboration Agreement with Digital Works Group, a firm known for leading complex change and solving business challenges through digital, data, AI, and process transformation.

Nearly all countries outside the United States impose a Value Added Tax (VAT), also called Goods and Services Tax (GST) or Consumption Tax (CT). A physical presence in a VAT jurisdiction is generally not required to be liable for VAT. As such, for U.S. companies with international activities, understanding the basics of VAT is critical to minimize exposures and identify potential refund opportunities.

Andersen Global furthers its expansion across Africa as iSHARA, a collaborating firm since 2022, adopts the Andersen brand and becomes a member firm.

Andersen Consulting expands its technology transformation capabilities through a new Collaboration Agreement with Indigo, a boutique consulting firm headquartered in Portugal and recognized for its expertise in executing digital strategy with low-code and AI.

Treasury and IRS, in 2021, issued final rules (TD 9944) for implementing the Carbon Oxide Sequestration Tax Credit under Sec. 45Q of the Internal Revenue Code. The regulations answer many open questions regarding the tax incentive for investing in carbon capture and sequestration projects and the use of qualified carbon oxide used for tertiary injectant in qualified enhanced oil and gas recovery. When taken together with earlier guidance released by the Treasury and IRS, a workable framework emerges for further developing and financing carbon capture projects. Subsequent guidance, along with legislative changes, has further clarified the credit requirements.

Andersen Consulting expands its digital transformation capabilities through a Collaboration Agreement with Charter, a Canadian consulting firm that specializes in IT strategy, managed services, and application delivery.

As assets such as Bitcoin and Ethereum become household names, many veteran participants in the digital asset industry are moving on to the comparatively greater volatility and potential gains offered by alternative digital assets (Altcoins), non-fungible tokens (NFTs), and other projects.

Andersen Consulting has entered into a Collaboration Agreement with Move, a leader in IT infrastructure, managed services, and enterprise digital solutions with a presence in Norway and Sweden.