In Mexico, Tax and Customs Authority practice continues to be at odds with a recent court ruling, causing uncertainty for non-resident companies without a permanent establishment in Mexico as to whether they will be subject to value-added tax (VAT) on sales of goods from a Maquiladora to customers in Mexico.

Andersen Global initiates further expansion in Turkey with the addition of collaborating firm Celen Corporate Property Valuation & Counseling Inc. (Celen), adding valuation resources to the organization's existing tax and legal capabilities.

On December 14, 2023, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU 2023-09) to ASC 740, Income Taxes, changing the annual income tax disclosure requirements .

Companies often pay substantial transaction costs when acquiring or selling a business.

The U.S. Treasury Department (Treasury) and Internal Revenue Service (IRS) issued guidance (Notice 2024-36, Notice 2023-44, and Notice 2023-18) (the Notices) providing general rules for determining the Advanced Energy Project Credit under Sec. 48C.

Andersen Managing Director Carl Fiore's article Nothing to Fear but Fear Itself: Planning in the Current Environment is featured in TaxStringer, the online publication of the New York State Society of CPAs (NYSSCPA).

Andersen Managing Director Joe Calianno's comments are featured in the recent Bloomberg Tax article IRS Win on Foreign Holdings Penalties Seen as Blow to Taxpayers.

Andersen Global debuts Andersen in Belgium, as Seeds of Law, a collaborating firm since 2022, becomes the first member firm in the country to adopt the Andersen brand.

Recent U.S. Treasury Department and Internal Revenue Service (IRS) final regulations (T.D. 9993) outline the requirements for a buyer of certain clean energy credits.