On 31 January 2017 Gabelle completed on a transaction that sees it merge its business with Abbey Tax, one of the UK’s leading tax fees insurers. The combination of the businesses creates the UK’s largest independent tax consultancy.
Vaughn Chown, a founding partner of Gabelle and Head of VAT, has been appointed Managing Partner for the Gabelle business. Vaughn succeeds Paula Tallon, who is temporarily moving to Australia for family reasons, though remains a Partner dealing with the strategy of the Gabelle business. Paula will continue to provide tax advice to clients in the UK and maintain existing client relationships.
Vaughn Chown joined Gabelle in 2011 and has 30 years professional experience with a specialism in VAT. He is a Chartered Tax Adviser and a Fellow of the Royal Society of Arts. Vaughn spent nine years as a senior officer with HMRC and regularly lectures and writes on all aspects of VAT.
Paula Tallon said, “I am delighted that Vaughn is succeeding me in managing the Gabelle business. We have worked together for a number of years and I’ve no doubt he will build on our success and take the business from strength to strength. I will continue to offer my support and be involved at a strategic level, with the intention of returning to the UK to lead the combined Gabelle and Abbey Tax consultancy services with Alison Lynch.”
Vaughn Chown comments, “It’s an exciting time to take on the Managing Partner role. Abbey Tax operates with values that match our own and the complementary nature of the two businesses will allow us to offer even greater depth of services and expertise to our clients. Paula will continue to advise our clients and will be an important part of our direct tax offering.”
For the earlier article on this transaction, please see: http://www.taxgrotto.com/2017/01/06/paula-tallon-and-her-partners-sells-gabelle-llp-to-abbey-tax/
Crowe Clark Whitehill has announced six partner promotions, three of whom are tax specialists. Effective from April 2017, Richard Bull, Nick Latimer and Mark Stemp all step up from Director to Partner in the Private Clients Tax team.
Mark Stemp (pictured left) has been in practice since 1999 and has been working at Crowe since 2012. Named as a ‘Top 35, under 35’ advisor by eprivateclient and listed in Who’s Who for two consecutive years, he now leads the Private Client Tax service in our Thames Valley office..
Richard Bull is a home grown talent having qualified both as a chartered tax adviser and chartered accountant with the firm. As a specialist in private clients and trusts, he will continue to develop our private client business both in the Midlands and further afield.
Nick Latimer (pictured right) has been appointed as private client tax partner with a focus on family business. As a chartered accountant and prize-winning chartered tax advisor, he specialises in advising UK and international clients on their tax affairs.
He joined Crowe in 2014, having previously worked at PwC as a Senior Tax Manager. He is based in the Cheltenham office.
David Mellor, Chief Executive of Crowe Clark Whitehill, comments:
“The six joining the partnership have showcased exemplary client service and commitment to upholding the high standards of quality that are associated with Crowe. Looking ahead, the contributions of the new partners will undoubtedly enhance the firm’s tax, audit and advisory offerings as we embark on an exciting new year for the firm and continue to grow.
“Today’s announcements represent a continuation of our ethos of building trusted, long-term relationships with our clients and their advisors, both in the UK and internationally.”
RSM in Bury St Edmunds has strengthened its East Anglian team with the appointment of two new partners.
Laragh Jeanroy joins the firm’s audit practice while Paul Harris becomes lead partner in the private client tax team.
Laragh, who has worked in the profession for 20 years, is currently Deputy President of the East Anglian Society of Chartered Accountants. Prior to joining RSM, she was head of audit at PEM in Cambridge where she was responsible for the audit and related advisory services to a portfolio of corporate and not for profit entities. Laragh was previously a partner in Grant Thornton and Robson Rhodes in Cambridge. Her experience ranges from small start-ups to multi-national groups and she has a particular specialism in the charities, technology and education sectors.
Paul Harris, who most recently worked at Grant Thornton in Norwich, is a qualified chartered accountant and chartered tax adviser, who has specialised in private client taxation for over 30 years. Previously, Paul was a private client tax partner with Smith & Williamson in Salisbury. His expertise lies in advising on wealth preservation and capital tax planning and his clients tend to be high net worth individuals including farmers and owners of landed estates as well as non-domiciliaries and their families.
Stephen Duffety, office managing partner at RSM in East Anglia said: ‘We are delighted to welcome Laragh and Paul to the local RSM team. They both bring a wealth of experience and expertise in their respective fields and will be a huge asset to our clients. Their appointments also underline RSM’s ambition to continue to significantly expand our business across the wider East Anglian region.’
Deloitte announced today that Steve Kimble has been named to lead Deloitte’s tax business, effective Feb. 1, 2017. Kimble succeeds Carl Allegretti, who led the tax business for five years and will continue in leadership roles for both US and global marketplace efforts.
“Steve brings a wealth of experience to this role, including anticipating market changes, guiding companies on complex tax issues, and attracting, developing, and retaining a team of high-performing professionals,” said Cathy Engelbert, chief executive officer, Deloitte. “I am confident that his strategic vision and commitment to our clients and people position him well to lead our U.S. tax practice.”
Kimble most recently led a team of 4,300 professionals in the specialized tax services practice, comprised of global employer services, international tax and transfer pricing, mergers and acquisitions, multistate tax services and Washington tax policy. In addition to his management responsibilities, he served a number of large multinational clients across industries such as financial services, energy, manufacturing, health care and retail, while also serving on Deloitte’s board of directors.
“We continue to operate in a rapidly changing and increasingly digital global business environment, which creates both challenges and opportunities,” said Kimble. “As we navigate the rapid pace of change, I look forward to working closely with the companies we serve to provide high quality tax services and business insights. I’m also committed to developing agile talent and building the next generation of tax leaders to differentiate Deloitte in the marketplace.”
Based in New York, Kimble is passionate about the role of mentorship in guiding career development and takes great pride in serving as a mentor to professionals both within and outside of Deloitte. He holds a Bachelor of Science in accounting from Rutgers University, a Juris Doctorate from Seton Hall University and a Masters of Law in taxation from New York University School of Law. He is a member of the American Institute of Certified Public Accountants and chair of the finance committee of the YMCA of Greater New York.
Plano-based CPA firm Montgomery Coscia Greilich LLP (MCG) has announced the promotion of Kevin Harris to Partner in the tax practice.
Harris, a graduate of Texas Tech University, has been with the Firm since January 2013. His primary disciplines include performance of federal and state tax compliance, and consulting with partnerships, corporations, and individuals. Prior to joining MCG, Kevin spent 5 years at Ernst & Young, and 15 years gaining substantial experience in the retail industry.
Gary Boyd, Managing Partner, commented, “Kevin is a great addition to our partner group and we are excited about his future with MCG. He brings a unique skill set that includes working with closely-held companies, as well as large publicly-traded companies. His promotion to Partner further strengthens our tax practice across multiple industries and entity structures. A well-deserved congratulations to Kevin.”
Montgomery Coscia Greilich LLP began in 2003 and currently has over 325 professionals including 30 partners. MCG is ranked as the 6th largest accounting firm in the Dallas/Fort Worth Metroplex, and provides taxation, assurance, sales & use tax, and consulting services to a wide range of clients. MCG is a member of the Alliott Group, a worldwide alliance of independent accounting, law, and consulting firms with more than 180 member firms in some 80 countries.
Brodies LLP has appointed a new tax partner, Heather Thompson.
Heather Thompson is a trust and tax specialist, whose experience spans a wide range of taxation matters across the corporate, private client and real estate areas. She is a member of the Law Society of Scotland’s Trust and Succession Law Reform Sub Committee and STEP, the worldwide professional association for those advising families. She joins Brodies on 3 April and will be based in the Edinburgh office, working across the firm’s top tier-ranked corporate and personal tax teams.
Bill Drummond, Managing Partner of Brodies, said: “Heather’s specialist expertise in both business and personal tax matters will be invaluable to clients at a time when we are seeing change in taxation internally in the UK as well as the likelihood of further complexity and divergence in international systems ahead.”
Milbank, Tweed, Hadley & McCloy LLP has announced that five attorneys have been elected to the firm’s partnership including one new tax partner.
Eschi Rahimi-Laridjani is based in the New York office.
Ms. Rahimi-Laridjani’s practice focuses on the taxation of complex financing transactions, financial products and derivatives, US and foreign securities offerings, structured finance and asset securitization transactions and investment funds. She has significant experience structuring tax-efficient solutions that facilitate inbound investment by funds and foreign and sovereign investors in a variety of asset classes as well as cross-border mergers and acquisitions. She received her law degree from the New York University School of Law.
Ms. Rahimi-Laridjani is also fluent in German.
Akin Gump has announced that Seth D. Slotkin has joined the firm’s tax practice in New York, where he will be a partner in its private client services group. Mr. Slotkin was previously a partner at Stroock & Stroock & Lavan.
Mr. Slotkin counsels high-net-worth clients in all aspects of trusts and estates law, including estate planning and estate and trust administration and litigation. He also assists individual clients and families with the establishment and management of charitable giving programs, including the creation of private foundations and public charities. In addition, he advises young entrepreneurs and executives on succession, tax and estate planning.
“As our clients seek counsel on their most pressing estate planning needs, Seth will be a strong addition to the firm,” said Akin Gump chairperson Kim Koopersmith. “His extensive experience with private client work, combined with his deep knowledge of the many industries in which our clients operate, will be extremely beneficial, and I am very happy he has joined us.”
Mr. Slotkin also has significant experience concerning the use of business entities, such as limited partnerships and limited liability companies, and sophisticated trusts, including grantor retained annuity trusts and intentionally defective grantor trusts, in estate plans to produce optimal valuations from a tax perspective and reduce tax liability. In more than two decades of practice, he has developed a strong reputation in the private client community.
“Seth will be an integral part of our practice as we continue to expand our work for private clients on a wide range of issues,” said Stuart E. Leblang, co-head of Akin Gump’s tax practice. “With his keen understanding of the structure of limited partnerships, limited liability companies and sophisticated trusts, among other key areas, Seth will be a truly valuable counselor to our clients, particularly those in the hedge fund and private equity space. I am delighted to have him on our team.”
Added Mr. Slotkin, “The domestic and cross-border nature of Akin Gump’s private client services work is very impressive and, combined with the breadth of industries in which the firm is strong, was a big factor in my decision to come here. I am eager to build upon the personal relationships the firm already has with its diverse client base, and am excited by the opportunities that lie ahead.”
Mr. Slotkin is chair of the Trusts and Estates Committee of the United Jewish Appeal—Federation of Jewish Philanthropies. He also is a member of the Planned Giving Advisory Committee at New York Presbyterian Hospital.
Mr. Slotkin received LL.M. and J.D. degrees from New York University School of Law. He received his B.A. degree from Emory University.