King & Wood Mallesons has announced the appointment of former Eversheds tax partner, Clive Jones .
Clive, who was London Head of Tax at Eversheds, had planned to establish a boutique firm on leaving the Firm, offering both high-end structuring and mainstream real estate services to clients. Instead he has decided to join KWM as part of a team move with William Naunton (real estate) and Corneliu Medevi (structured real estate).
He will be starting in January and all three new hires will support the firm’s strategy focussing on structured, high-end real estate.
Clive advises on both direct and indirect tax and has particular expertise relating to real estate and finance transactions. In his role as Head of Tax he spent much of his time advising on structured real estate transactions and investment structures.
GAMCO Investors, Inc. has re-hired Vince Capurso into the management team of GAMCO as General Tax Counsel.
He will also re-assume the position of Executive Vice President and Chief Financial Officer of GGCP, GAMCO’s controlling shareholder.
Vince originally joined GAMCO in 2000 as Vice President and Tax Counsel and GGCP in 2001 as Executive Vice President and Chief Financial Officer.
“We are delighted to have Vince rejoin us and we are confident that his proven cross- functional skills will continue to provide great value to all our constituents, clients, teammates and shareholders”, said Mario J. Gabelli, CEO of GAMCO.
A CPA and tax attorney, Vince has led the tax function and participated in numerous transactions of Fortune 500 and multinational companies during his career of over three decades as a senior financial executive in multiple industries.
Most recently Vince was Senior Vice President, Tax and Senior Tax Counsel of AMC Networks Inc. (NASDAQ:AMCX). During Vince’s tenure of more than three years, AMC Networks was spun-off from Cablevision and completed a $1 billion international acquisition of Chellomedia from Liberty Global.
Before AMC Networks, Vince led the tax function of Barnes & Noble for over five years during its digital and international expansion. Prior to joining GAMCO in 2000, Vince led the tax function of global investment banking and private equity firm Wasserstein Perella Group, Inc. for over five years.
Eversheds has appointed established funds and real estate tax lawyer Cathryn Vanderspar as the new head of its London tax team. Cathryn joins the firm from Berwin Leighton Paisner where she has been a tax partner for over sixteen years.
Cathryn’s extensive experience covers unauthorized and authorized funds and listed vehicles (including REITs), across the various asset classes, including real estate, debt and private equity. Her real estate work includes both direct and indirect structuring across the sector, from development to joint ventures and inward investment, working for a wide variety of clients. Specific sector experience includes healthcare, residential and hotels.
Cathryn is actively involved in working groups with HM Revenue and Customs and HM Treasury, as well as with industry committees, such as the British Property Federation REITS committee and the Association of Real Estate Funds. She has been closely involved in the development of new fund structures including the new property authorised investment fund.
Commenting on her appointment, Cathryn said:
“I am really looking forward to working with the excellent Eversheds’ team and the opportunity of helping further develop the Eversheds offering.”
David Jervis, International Head of Eversheds’ tax team added:
“Cathryn is a highly regarded funds tax specialist who has vast, cutting edge experience in this key area for the firm, where Eversheds has a market leading reputation. Cathryn’s appointment will further enhance this reputation and our ability to deliver first rate specialist tax services to our funds and real estate clients.”
Pamela Thompson, London Senior Partner added:
“The team is already doing fantastic work for its clients and I am excited to continue to develop Eversheds City tax practice for funds, real estate and corporate clients.”
The Philippines’ Bureau of Internal Revenue chief, Kim Henares, has been appointed by United Nations Secretary General Ban Ki Moon to the UN Committee of Experts on International Cooperation in Tax Matters.
Henares is one of 25 tax experts and senior tax administrators from 10 developed and 15 developing countries who have been appointed to the UN committee. The committee is responsible for exploring ways and means of facilitating the conclusion of tax treaties between developed and developing countries and for promoting international tax cooperation among tax authorities.
Henares said her appointment to the committee is an opportunity to advance the interest of developing countries in the formulation of tax treaty commentaries and recommendations to various tax issues.
Henares’ term in the UN committee began in October and will end on June 30, 2017.
If the title of this article piqued your interest, please watch Ms Henares’s home video below:
Berwin Leighton Paisner (BLP) has announced the appointment of Elizabeth Bradley as its new Head of Corporate Tax. She started the role on 1 November 2014 and continues to be based in London.
Elizabeth was made a Partner in May 2008. She advises in all areas of corporate taxation both in the UK and on cross-border transactions, with particular specialism in real estate tax. Her clients include Land Securities, Canary Wharf Group, Tesco and BlackRock. Elizabeth takes over the role of Head of Corporate Tax from John Overs who will now concentrate on client work.
Michael Wistow, Head of Tax, commented: “It is always exceptionally rewarding to promote our own home grown talent and we welcome Elizabeth as our new Head of Corporate Tax. She brings a wealth of experience and understanding of the market which will benefit us as we navigate the constantly changing needs of our clients. I’d like to publicly thank John for everything that he’s done for the practice group in this role. It has been a real pleasure working so closely with him to develop such a highly respected group.”
Commenting on her new role, Elizabeth said: “Becoming Head of Corporate Tax is an exciting challenge. It gives me a great opportunity to help grow and increase the strength in depth of the practice to ensure that we continue to work for some of the largest companies in the UK and across the globe. In this new role I will place great emphasis on the service we deliver to both existing and new clients to ensure that we continue to provide clear, concise, timely and commercial advice on all tax related matters.”
BLP’s Tax team has over 70 tax practitioners across five offices, including Abu Dhabi, Frankfurt, London, Moscow and Singapore. The practice includes a dedicated contentious tax team, which is unique in advising across corporate tax, international tax, private client and VAT. It also works closely with the firm’s Private Client team and has been ranked in tier one in Chambers UK and Legal 500 UK for contentious tax.
PKF Pacific Hawaii LLP has announced that Reg Baker has joined the firm as a Partner, with effect from 1 October.
His role will be to lead the tax and accounting practices for the Firm.
Baker originally trained with Ernst & Young, specialising in financial services. He has run his own tax practices and also worked in-house at senior levels, most recently as Executive Vice President, COO, CFO and Treasurer for the Hawaii Medical Assurance Association.
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.