Kit Dickson to lead Deloitte’s UK Operational Taxes Team

 In Deloitte, KPMG

Deloitte appoints Kit Dickson as partner in financial services tax group

Deloitte, the business advisory firm, has appointed Kit Dickson as a new partner in its information reporting and withholding taxes group within the financial services practice.

Kit will lead the operational taxes team, with a particular focus on pension and investment funds and EU law for financial services firms.

Kit joins Deloitte from KPMG’s investment management team, where he worked with a range of institutional investor clients in the UK and globally. He previously led KPMG’s EU law group, providing organisations with European law interpretation services around tax.

Gordon Dootson, Financial Services Tax Lead at Deloitte, said: “It is an important time for those dealing with global investments. Since 2008, we have seen a move towards tighter controls and foreign investors having to provide a greater flow of information to foreign authorities. This brings challenges to clients across the financial services sector to manage their tax reporting and withholding requirements wherever they are invested around the world.

“Kit’s expertise and understanding of investor markets, such as pension and investment funds, with the support of a strong team, will help our clients meet the new tax challenges arising in a rapidly changing space.”

Kit Dickson said: “I am very excited about joining Deloitte and working with the information reporting and withholding group. The changes we are seeing in tax reporting and provision of information requirements in global markets present real challenges for clients’ tax risk management and compliance systems. The US regime FATCA is just one example of this and has definitely raised awareness in this area. Clients are recognising the need to consider their tax risk across all investment markets.”

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