Market Overview

Alvarez & Marsal Taxand Announces Strategic Partnership with Tax Technologies

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Alvarez
& Marsal Taxand, LLC
(A&M Taxand), an affiliate of leading
global professional services firm Alvarez
& Marsal
(A&M), announces a strategic partnership with one of
the most advanced tax technology providers, Tax
Technologies, Inc.
(TTI). The partnership will bolster the
streamlined support, centralized tax data management and industry
expertise that A&M Taxand provides clients to maximize value.

Additionally, the partnership with TTI furthers A&M Taxand's ability to
advise domestic and multinational companies on managing risk and
increasing efficiencies, while administering their complex international
taxation needs.

Ernesto
Perez
, Global Practice Leader of A&M Taxand and the firm's Global
Transaction Tax Advisory Practice
commented, "Tax professionals
today are facing more changes and demands than ever before, particularly
in light of the recent tax reform. As they are navigating these changes,
this partnership offers cutting-edge technology, backed by our team of
seasoned tax experts, that will increase efficiency and ensure
regulatory compliance."

The joint solution, utilizing TTI's sophisticated, proven and secure
software and data management capabilities, is designed to produce
accurate tax results through automating calculations, simplifying
analyses, streamlining reporting and centralizing tax data for future
uses. In practice, it:

  • Creates a reliable and defendable base of calculations – required for
    reporting all current tax computations (and updated to cover Toll
    Charge, GILTI, BEAT, FDII, 163(j), etc.);
  • Calculates and tracks multiyear tax attributes by utilizing proven
    mechanisms;
  • Simplifies forward-looking planning scenarios by leveraging
    centralized data and technology;
  • Increases efficiencies related to managing complex data by plugging
    into existing platforms and automating the process.

"A&M Taxand and Tax Technologies Inc. share a practical approach to
solving complex tax issues. Reliable, technology-forward solutions will
ease the demands tax professionals are facing in this new landscape, Our
clients will truly benefit from this customizable new offering,"
comments Albert
Liguori
, Managing Director of the A&M Taxand practice group.

About Alvarez & Marsal

Companies, investors and government entities around the world turn to
Alvarez & Marsal (A&M) when conventional approaches are not enough to
make change and achieve results. Privately held since its founding in
1983, A&M is a leading global professional services firm that provides
advisory, business performance improvement and turnaround management
services.

With over 3,000 people across four continents, we deliver tangible
results for corporates, boards, private equity firms, law firms and
government agencies facing complex challenges. Our senior leaders, and
their teams, help organizations transform operations, catapult growth
and accelerate results through decisive action. Comprised of experienced
operators, world-class consultants, former regulators and industry
authorities, A&M leverages its restructuring heritage to turn change
into a strategic business asset, manage risk and unlock value at every
stage of growth.

When action matters, find us at alvarezandmarsal.com.
Follow A&M on LinkedInTwitter and Facebook.

About Alvarez & Marsal Taxand

Alvarez & Marsal Taxand, LLC, an affiliate of Alvarez & Marsal (A&M), a
leading global professional services firm, is an independent tax group
made up of experienced tax professionals dedicated to providing
customized tax advice to clients and investors across a broad range of
industries. Its professionals extend A&M's commitment to offering
clients a choice in advisors who are free from audit-based conflicts of
interest, and bring an unyielding commitment to delivering responsive
client service. A&M Taxand has offices in major metropolitan markets
throughout the U.S., and serves the U.K. from its base in London.

Alvarez & Marsal Taxand is a founder of Taxand, the world's largest
independent tax organization, which provides high quality, integrated
tax advice worldwide. Taxand professionals, including almost 400
partners and more than 2,000 advisors in nearly 50 countries, grasp both
the fine points of tax and the broader strategic implications, helping
you mitigate risk, manage your tax burden and drive the performance of
your business.

To learn more, visit www.alvarezandmarsal.com or www.taxand.com.
Follow A&M on LinkedInFacebook and Twitter.

About Tax Technologies, Inc.

Tax Technologies, Inc. (TTI) is a tax software company that provides
effective tax and technology solutions to corporate tax departments and
is a member of the SAP PartnerEdge® program, which allows partners to
work closely with SAP to develop and certify the technical integration
of their solutions with SAP software. Started in 2000, TTI has grown to
have over 400 employees and has top-tier multinational corporate
clients. This growth is attributable to a never-ending pursuit of
client-focused solutions delivery in a complex corporate income tax
world that demands rapid solutions.

TTI's flagship product, Tax Series™, is an integrated SaaS solution that
can handle all aspects of U.S. corporate income tax related tasks using
a single database with integrated computations.

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