[private]Ernst & Young has boosted its Financial Services VAT practice with the appointment of a partner and director to spearhead the banking VAT team.Mitchell Moss joined as a partner from the law firm Dorsey & Whitney where he worked primarily in tax litigation. Andrew Bailey joins as a director from Lehman Brothers where he was global head of VAT. Both will focus on banking VAT and will be advising clients on efficient and effective management of their indirect tax affairs, in addition to compliance and helping clients successfully resolve disputes with the tax authorities.
Mitchell and Andrew have extensive experience in indirect tax and have previously worked at Ernst & Young; Mitchell between 1996 and 2003 and Andrew from 1996 to 1999.
Commenting on his new role, Mitchell says: “Ernst & Young is a great place to work and it is significant that the firm is making an investment in the Financial Services VAT practice at this challenging time. I am looking forward to further building the banking VAT team and to working with my colleagues across Europe, Middle East, India and Africa.”
Andrew says: “This year will see significant economic challenges for our clients as well as significant legal and regulatory changes in the VAT landscape. I am looking forward to working with our many banking clients and the wider EMEIA Financial Services organisation to meet these challenges head on.”[/private]
[private]True Partners Consulting LLC have announced the addition of a new managing directors: Andrew Jackson, 48, at True Partners Consulting (U.K.) LLP in London, the firm’s first wholly owned office outside the United States.
A Value Added Tax (VAT) Partner with True Partners Consulting’s London office, Jackson brings nearly 20 years experience with Big 4 firms and smaller practices. He specializes in providing indirect tax advice across a range of sectors, both private and public, and has been involved in a wide range of cross border transactions advising as part of a multidisciplinary team.
Previously, Jackson worked for HM Revenue & Customs for seven years as a VAT specialist. He has written and lectured on indirect tax issues, with a particular emphasis on property and financial service issues, and graduated from the London School of Economics.
True Partners Consulting (U.K.) LLP advises companies based in the United Kingdom, as well as multinational companies doing business there and other European markets, on a range of tax and business issues including transfer pricing, VAT, cross border transactions, structuring business operations and reorganizations. The office also undertakes all local compliance requirements.[/private]
Continue reading »
[private]
The Chartered Institute of Taxation (CIOT) has announced the appointment of three new Officers, with effect from the conclusion of the Annual General Meeting on 12 May 2009. Andrew Hubbard, currently Deputy President, takes over from Nick Goulding to become President.
Andrew Hubbard is National Tax Policy Director at Tenon, specialising in the taxation of entrepreneurial businesses and their proprietors. Andrew is a past President of the Association of Taxation Technicians. In 2006 Andrew won the LexisNexis Butterworths Tax Writer of the Year Award.
Vincent Oratore, currently Vice-President, becomes Deputy President. Vincent Oratore is a Fellow and Council member of The Chartered Institute of Taxation.
He served as Chairman of its Technical Committee from May 2001 to May 2003. He remains on the Technical Committee as the Special Banking and Financial Products Representative. He works for AIG Inc., and specialises in the taxation of financial instruments.
The final appointment made was that of Anthony Thomas to the position of Vice President.
Anthony Thomas has more than 20 years of business experience covering all major areas of accountancy and taxation.
Anthony Thomas is in tax practice in Coventry and has considerable experience of dealing with the smaller business. He is a past Council member of ACCA and AAT and is also a past president of ATT.
Currently on the General Assembly of CFE, he is also the Chartered Institute of Taxation Treasurer and a member of the Standards Committee.[/private]
[private]Goodrich Corporation has appointed several tax executives to new roles.
Joe Andolino, formerly Vice President, Business Development and Tax, is appointed Vice President, Business Development.
Paul Cappiello, formerly Director, Tax, is promoted to Vice President, Tax.
Andolino and Cappiello will report to Scott Kuechle, Executive Vice President and Chief Financial Officer. Kleiderer will continue to report to Andolino. The appointments are effective March 1.
Joe Andolino joined Goodrich in 1999 when it acquired Coltec Industries. Prior to joining Coltec in 1995, he spent 12 years as Director of Tax at Allied Signal, Inc. in Morristown, NJ. He began his career as an attorney in New York. Joe holds a Bachelor of Arts in History and a Juris Doctor in Law from Seton Hall University in New Jersey, and a Master of Law in Taxation from New York University.
Paul Cappiello joined Goodrich in 1999 when it acquired Coltec Industries. Prior to joining Coltec in 1996 he spent 10 years as a Tax Manager at Coopers and Lybrand. He began his career in tax roles at CIT Financial Corporation and United States Lines, Inc. Paul holds a Bachelor of Science in Accounting from Purdue University in Indiana and a Juris Doctor in Law from Seton Hall University.
[/private]
Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information visit http://www.goodrich.com.
Goodrich Corporation operates through its divisions and as a parent company for its subsidiaries, one or more of which may be referred to as “Goodrich Corporation” in this press release.
Duke Energy yesterday appointed company Treasurer Stephen G. De May as senior vice president, treasurer and chief risk officer. In addition to his current responsibilities as treasurer, he will manage the company’s exposure to financial and other risks as chief risk officer.
De May has played a central role in ensuring the company’s continued access to the credit and capital markets despite a challenging economic environment that has stymied many other companies’ access to capital.
De May joined Duke Energy in 1990 as a director at Crescent Resources. He has held several positions in the company’s finance and treasury units. He also has overseen energy and environmental policy. Prior to his Duke Energy career, De May was a senior tax consultant for Deloitte & Touche and a tax consultant for Price Waterhouse.
Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.
NERA Economic Consulting, a leading global provider of economic advice and analysis in business, legal, and regulatory matters, has announced that it has established an office in Geneva, Switzerland. The Geneva office is NERA’s seventh in Europe, and gives the firm a physical presence in Switzerland for the first time.
NERA Associate Directors Dr. Emmanuel Llinares and Jean-Sébastien Lénik will lead NERA’s business in Geneva, focusing on providing transfer pricing and intellectual property services, in close cooperation with Pim Fris, the head of NERA’s European Transfer Pricing team. In addition to transfer pricing and intellectual property, clients of the Geneva office will have access to the full range of NERA’s economic consulting services, in areas including antitrust and competition, finance, telecommunications, energy, and the environment.
“Given Switzerland’s long history as a European and global financial center, and the position of the Geneva region as the headquarters of many multinational enterprises, expanding into Geneva was a natural step for our Transfer Pricing Practice,” said NERA President Andrew Carron. “Transfer pricing has been a strong growth area for NERA. Our Geneva office will reinforce that growth, while also expanding NERA’s broader service presence in Europe.”
“NERA’s European team of economists has been in place for years, providing innovative transfer pricing services to European clients,” said Pim Fris. “Extending our presence to Geneva will bring us closer to multinationals based in that region and help us serve an even wider range of clients.”
In addition to Geneva, NERA has European offices in London, Madrid, Paris, Rome, Brussels, and Frankfurt. Globally, NERA’s experts work from a network of more than 20 offices around the world to offer clients a wide array of economic consulting services.
About NERA
NERA Economic Consulting (www.nera.com) is an international firm of economists who understand how markets work. We provide economic analysis and advice to corporations, governments, law firms, regulatory agencies, trade associations, and international agencies. Our global team of more than 600 professionals operates in over 20 offices across North America, Europe, and Asia Pacific.
NERA provides practical economic advice related to highly complex business and legal issues arising from competition, regulation, public policy, strategy, finance, and litigation. Founded in 1961 as National Economic Research Associates, our more than 45 years of experience creating strategies, studies, reports, expert testimony, and policy recommendations reflects our specialization in industrial and financial economics. Because of our commitment to deliver unbiased findings, we are widely recognized for our independence. Our clients come to us expecting integrity and the unvarnished truth. In Switzerland, NERA Economic Consulting operates as a division of its affiliated company, Oliver Wyman AG.
HCP Inc has announced the promotion of Michael A. Congdon to Senior Vice President – Tax. Mr. Congdon joined the Company in 2007 and most recently held the position of Vice President – Tax.
In response to the unprecedented current, global market conditions, A&O today announced proposals to reduce the size of the Firm.
They have announced a global reduction in partner headcount of approximately 9 per cent (47 partners) and are planning a series of other measures to ensure future competitiveness, including a proposed 9 per cent reduction in the number of other fee earners globally and a similar proposed reduction in support staff headcount. 2009 pay will be frozen for all staff globally and we will continue to bear down on all other costs.
As part of this strategic review, they have also announced today that the private client practice is to demerge and become an independent firm, Maurice Turnor Gardner LLP, with effect from 1 May 2009.
