Business restructuring and alternatives in operating models for maquiladoras in Mexico – International Tax Review

Restructuring

Implications of 2022 tax reform and TP compliance for maquiladoras The maquiladora regime in Mexico refers to an export-oriented manufacturing programme that allows foreign multinationals to establish factories (maquiladoras) in Mexico. Under Mexican Income Tax Law (MITL) regulations, maquiladoras operate in Mexico as manufacturers and import, on consignment, machinery, equipment, and inventory duty and VAT…

Selecting the right private debt fund for clients – Money Management

Debt Help

With the private debt marketplace described as a minefield to navigate, research house Zenith Investment Partners has shared tips to help advisers select the right fund. Private debt is among the growing asset class of alternatives as investors seek alternative sources of income. Types of products can include corporate lending-bilateral, corporate lending-syndicated, PE sponsor-backed lending…

AI Success Depends on Tackling Process Debt – HBR.org Daily

Debt Help

Illustration by Antti Kalevi Typically, organizations in the midst of transformation efforts spend significant time and resources trying to correct massive amounts of technical debt the price of years of short-term decisions and prioritizations that result in an overly complex technological infrastructure. But equally challenging is managing organizations often undiscussed process debt the build-up of…

Sovereign Debt Restructuring Process Is Improving Amid Cooperation and Reform – International Monetary Fund

Debt Help

The global economy avoided what could have been a systemic debt crisis during the turbulence of recent years, but vulnerabilities remain amid high debt servicing costs that pose an important challenge for low and middle-income countries. Some may yet confront major tests. When countries do falter on debt, restructuring is critical to containing the damage.…

Looking back and thinking forward: The insolvency landscape in 2024 and beyond – AccountantsDaily

Liquidation

Several of these factors contributed to the rising levels of formal insolvency appointments and distressed asset sales seen over the past year, which is likely to continue into 2024.  In this article, we look back at, and think forward to, the trends and legal developments which businesses, insolvency professionals, accountants and investors need to be…

ATO 'hellbent' on chasing down $34bn in small business debts – Accounting Times

Liquidation

Insolvency professionals warn the Tax Office is using DPNs and legal action to take a “far more aggressive” recovery stance. The ATO is hellbent on chasing down $34 billion worth of debts owed by small businesses using director penalty notices (DPNs) and legal action, insolvency professionals say. Insolvency Australia (IA) members said that recent activity…

ARYZA appoints experienced insolvency practitioner – Insolvency News Online

Liquidation

Advertorial ARYZAs new head of corporate insolvency, Tom OConnor. Aryza, a leading provider of financial software solutions, announces the appointment of Tom OConnoras its Head of Corporate Insolvency. With an extensive career spanning over a decade in the insolvency sector and a proven track record in product development and client engagement, Tom brings invaluable experience…

Recent Trends and Developments in Indian Corporate Litigation: Implications for Future Cases | Asian Legal Business – Legal Business Online

Liquidation

In recent years, there has been a notable increase in the use of alternative dispute resolution methods in corporate litigation in India, particularly in cases involving insolvency and bankruptcy. There is also a growing emphasis on structured and specialised mechanisms for resolving cross-border corporate disputes. These trends indicate a shift towards more efficient, specialised, and…