Ali Kazimi has joined Mazars London as a Financial Services Tax Partner.
Mr Kazimi has held several tax leadership roles over the years and this is a high profile hire for Mazars. From 2005 to 2009 Mr Kazimi was with EY where he was Head of Investment and Operational Taxes and also Leader of the UK Pensions Tax Practice.
In 20o9 he joined Deloitte UK but relocated to the Firm’s Middle East pracice in 2011. Whilst there he was International Tax Services Leader for the MENA region, FACTA Leader and GFSI Tax Leader.
Mr Kazimi is a leading expert in the field of investment and operational taxes, with a wealth of experience in determining product/investment policies and tax technical interpretations. Ali is a frequent speaker at conferences and has also written on wide range of topics including FATCA, Securities Lending, Sovereign Fund Investing, Pension & Asset Pooling, Multi?Manager Investing, Custodial Structures, and Stamp & Transfer Taxes. He works primarily with banks, hedge funds, institutional investors, asset and wealth managers, investment brokerage and platforms, and investment services firms.
I forgot to mention yesterday about another leadership change at Baker & McKenzie. Erik Scheer, former Global Tax Chair, has been elected to serve on the Firm’s Executive Committee.
Erik specialises in VAT and customs. He is a recognized tax litigator and has been consistently named a leading tax lawyer in Chambers, Legal 500 and International Tax Review. He is also a regular speaker at seminars and conferences. Erik is based in Amsterdam.
Representative Legal Matters
• Representing and acting as global coordinator for a client in a global cross-border asset transaction.
• Advising clients with respect to tax aspects of supply chain modeling.
• Representing clients before the VAT and customs authorities and European Commission in Brussels.
• Representing clients in Tax Court, Dutch Supreme Court and European Court of Justice in Luxembourg.
• Rendering advice to clients regarding the VAT and customs aspects of new EMEA-wide sales structures.
• Advising clients and coordinating between participating jurisdictions with respect to voluntary disclosure of certain incorrect VAT and customs filings.
• Negotiating customs valuation rulings with the Dutch customs authorities.
Baker & McKenzie’s top brass met in London yesterday and announced various leadership changes. Eduardo Leite continues to lead the Firm, having had 2 year extension to his position as Chairman.
In terms of Global Practice & Industry Group chairs, Duane Webber in Washington office got the top job in tax, which he will hold for a 3 year period.
Mr. Webber concentrates on tax litigation and a broad spectrum of international and domestic tax matters. He works on the resolution of federal income tax controversies with the IRS, including a wide variety of alternative dispute resolution techniques, as well as all administrative phases of a controversy through litigation. He has handled cases involving a wide variety of domestic and international issues, including issues relating to Subpart F income, insurance, captive insurance, consolidated returns, inventory and tax accounting, among others.
Representative Legal Matters:
- America Online, Inc. v. United States, 64 Fed. Cl. 571 (Ct. Fed. Cl. 2005), on appeal at Docket No. 05-5138 (Fed. Cir.) (overpayment of Federal excise tax for services provided by telecommunications providers).
- AppleComputer, Inc. v. Commissioner, US Tax Court Docket No. 17759-95 (whether assembly of personal computers CFC in Ireland constituted “manufacturing” for purposes of subpart F of the Code and other issues)
- AppleComputer, Inc. v. Commissioner, US Tax Court Docket No. 5496-93 (disallowance of entire research tax credit and other issues).
- AristrainInt’l Inc. v. Commissioner, US Tax Court Docket No. 20134-91 (allocations of income from non-US corporation to its US subsidiary relating to distribution activities).
AstraUSA, Inc. v. Commissioner, US Tax Court Docket Nos. 5565-97 & 10962-98 (issues relating to capitalization of marketing and distributing costs, valuation of intangible property, research tax credits, transfer pricing, and other matters).
- Bausch & Lomb Incorporated v. Commissioner, 71 T.C.M. (CCH) 2031 (1996) (whether assembly of sunglasses by CFCs in Ireland and Hong Kong constituted “manufacturing” for purposes of subpart F of the Code and other issues).
Jens Svolgaard has joined Spotify as Head of Group Tax based from Stockholm.
Jens is a highly experienced in-house tax professional. He joins from Electronic Arts where he was Senior Tax Director Europe. He also spent almost 4 years as Director Tax EMEA with Stryker.
Mr Tom Moyane has ben appointed as the new SARS Commissioner in an announcement made today by President Jacob Zuma.
Mr Tom Moyane brings more than 30 years’ experience to the role, having worked as a senior executive in various government and private sector entities.
The South African Institute of Tax Professionals (SAIT) were quick to add their support for Mr Moyane’s appointment. Stiaan Klue, Chief Executive of SAIT commented,
“SARS is a vital cornerstone of South Africa’s fiscal order and security, and Mr Moyane’s vast experience at the highest levels of Government and Public Administration stand him in good stead in ensuring SARS continue to serve the best interests of the South African economy.”
Klue believes that a debt of gratitude is owed to Mr Ivan Pillay who has been at the helm of SARS in the interim as Acting SARS Commissioner. “Mr Ivan Pillay needs to be commended for the stability and professional ism he instilled within SARS during his tenure as Acting Commissioner.”
Kilpatrick Townsend & Stockton has hired Vanessa Tollis from Gide Loyrette Nouel to chair its international tax team in New York.
Vanessa Tollis specializes in the U.S. tax aspects of cross border transactions (inbound and outbound). As Chair of Kilpatrick’s International Tax Practice, Ms. Tollis regularly advises a wide range of U.S. and foreign clients on tax issues including advising sponsors and participants in the global capital markets on securities offerings and tax efficient structured finance, including cross border securitizations.
She counsels funds and investors on tax issues associated with structuring funds and other joint ventures in addition to advising corporate clients on a broad range of key U.S. international tax issues, including U.S. trade or business thresholds, tax treaty application, withholding taxes, entity classification, debt/equity characterization, Passive Foreign Investment Company (PFIC), Controlled Foreign Corporations (CFC) and Subpart F, Foreign Investment in Real Property Tax Act (FIRPTA), the Foreign Account Tax Compliance Act (FATCA) regime, and a broad range of domestic tax rules. Ms. Tollis also has significant experience in related non-tax transactional work, including general corporate and secured transactions.
John Dixon has left EY UK and been replaced by Jason Lester (pictured).
Mr Lester was formerly Head of Business Tax Services and part of a 7 strong tax leadership team for the UK and Ireland. He also has international experience gained with the Firm’s New York office.
Steve Varley is quoted as saying “Having worked in both our London and regional markets, Jason brings a broad perspective to the role which will be critical in driving our growth plans. He has made his name as one of our strongest partners in the market and, having worked with EY outside of the UK, has developed a strong appreciation of the strength of our global firm.”
Jason adds: “This is a really exciting time to be leading our tax practice, particularly when the firm is growing significantly and has set out bold plans for the future. Key to our growth plans will be continuing to adapt to the evolving needs of our clients. Most of our clients continue to expand globally and we are developing many new client relationships as the attractiveness of the UK tax regime increases the level of investment into the UK. Supporting our clients’ growth ambitions by investing heavily in new partners and our people is a major priority,” he added.
If you are interested in a tax career at EY UK, please peruse the opportunities here: http://www.etaxjobs.com/candidate/recruiter-jobs-ernst-&-young-uk-tax-jobs-567.html
To work with EY Tax in the Middle East click here: http://www.etaxjobs.com/candidate/recruiter-jobs-ernst-&-young-middle-east-943.html
To work with EY Tax in Australia click here: http://www.etaxjobs.com/candidate/recruiter-jobs-ey-australia-tax-jobs-1165.html
Legal Week and The Lawyer both reported today that Graham Iversen has resigned from Slaughters.
According to the respective articles, Iversen has resigned and will start work in November to lead the UK tax practice of GTM. Justin Hamer decided last year to step down from his management role but will remain as a consultant to the Firm.
This is the second high profile tax partner to leave Slaughters – in 2012 Richard Carson retired from the Firm but then popped up at Taylor Wessing.
Iversen’s areas of expertise are mergers and acquisitions (public, private, domestic and cross-border), structured finance, private equity, corporate reconstructions, and public debt and equity issues.
Highlights include advising:
- Kesa Electricals plc on the sale of Comet Group plc, its subsidiaries and Triptych Insurance N.V. to entities advised by OpCapita LLP
- UK Asset Resolution Limited, the single holding company for Northern Rock (Asset Management) plc and Bradford & Bingley plc, in connection with the sale of Northern Rock plc by HM Treasury
- INEOS on the formation of a joint venture with PetroChina relating to refining operations in the UK and France
Graham is listed as a leading individual in the Tax sections of Chambers UK 2014, Chambers Europe 2014 and Chambers Global 2014.
He joined Slaughters in 1990 and was made a tax partner in 2000.