Bankruptcy is a trying time for any company. For a business as large and as complex as Lehman Brothers, the process was and continues to be nothing short of traumatic. Working through the tax implications is a significant part of the work. Catherine Snowdon talks to Darryl Steinberg, managing director and senior tax counsel to Lehman Brothers Holdings and one of his chief advisers, Mike Lippman, managing director at Alvarez & Marsal Taxand
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
Despite the relief, Brazil’s government has also presented a bill which seeks to re-impose a tax burden on companies’ payroll, one local tax specialist told ITR
While successful pillar two implementation will require collaboration across all units, a combination of internal and external tax advice is at the centre of the effort