Theo Elshof, a senior transfer pricing specialist and global leader in the profession has joined Quantera Global this week as a Senior Partner based in The Netherlands.
Theo, a former Big 4 Senior Transfer Pricing Director from Deloitte, brings with him over 20 years of specialized experience in international tax and transfer pricing management. He has delivered transfer pricing solutions to support many leading multinational clients in a variety of industries.
Quantera Global is a global transfer pricing practice that launched earlier this year. The firm has grown rapidly over the past couple of months since establishing and now has 10 offices located globally.
Theo says that the move to Quantera Global means that he can place even more focus on servicing the increasingly challenging and global demands of his multinational clients.
“Quantera Global is uniquely positioned to deliver these services. The firm not only already has a strong network of leading transfer pricing specialists in all key countries in Asia, but it is now boosting its presence in Europe as well, shortly after Swiss and Italian based specialists have joined the firm,” he said.
Theo’s former experience also includes as the head of the APA team and a senior member of the Coordination Group on Transfer Pricing at the Dutch tax authorities, as well as tax director functions at two large multinationals.
His deliverables include APAs (unilateral, bilateral as well as multilateral), Mutual Agreement procedures, audit defence, design and implementation of transfer pricing systems and business modelling.
Theo says that he is looking forward to working with multinational clients to provide optimal and sustainable transfer pricing support from design, documentation up to and including strategic defence, and negotiation and conclusion of APAs and MAPs.
Steven Carey, Senior Partner of Quantera Global says that with the addition of Theo in Europe the firm will be perfectly positioned to provide optimal support to multinational clients with respect of inbound and outbound transactions and investment flows between Europe and Asia.
“Theo contributes significantly to our ability to satisfy the needs of our global multinational clients. He has an excellent track record and is very well connected to the (Dutch) tax authorities. He will be a trusted strategic partner to clients, in assisting them to navigate the increasingly rough transfer pricing waters around the world,” he said.
Quantera Global is a transfer pricing practice that launched in early 2013 by a select group of senior transfer pricing partners from another global transfer pricing consulting firm.
Enrico comes from TPA where he served as Partner and head of the global customs practice.
He brings with him over 12 years of specialized experience in customs and transfer pricing management and trade remedies issues. Specifically, he has delivered comprehensive customs valuation and transfer pricing solutions to support many Italian and other European multinationals with a global presence.
Quantera Global has grown rapidly since establishing in April this year and now has offices located in Singapore, Hong Kong, Shanghai, Jakarta, Kuala Lumpur, Sydney, Brisbane and Zurich. The addition of Enrico based in Italy strengthens the firm’s European presence.
Enrico says that the move to Quantera Global means that he can service the increasing demands of his clients in supply-chain restructuring projects, in the design, implementation and defence of their transfer pricing systems, customs valuation policies and internal control frameworks.
“Quantera Global is uniquely positioned to deliver transfer pricing services. The firm not only already has a strong network of specialists in all key countries in Asia, but it is growing rapidly elsewhere as well, and has an unrivalled network of alliances with leading advisers around the world,” he said.
“Being part of Quantera Global will allow me to continue to provide best practice transfer pricing and customs support to multinational companies of all sizes,’’ he said.
Douglas Fone, Senior Partner of Quantera Global says that Enrico will enable the firm to provide greater transfer pricing and customs support to multinational clients with respect of inbound-outbound investment flows between Europe and Asia.
“Enrico will support global clients on their customs and transfer pricing needs. He will use his considerable expertise and skills to deliver specialized customs and transfer pricing assistance to our large and medium-sized multinational clients.” he said.
Quantera Global added a Zurich office in April with the addition of Senior Partner Hendrik Blankenstein. The Italian office led by Enrico De Angelis is the second European office for the firm.
Brian Trauman has been promoted. He is now National Transfer Pricing Leader for the KPMG US firm and also retains his role as Deputy Global Lead of KPMG’s Transfer Pricing Dispute Resolution practice.
Mr Trauman joined KPMG in 2010 as a Principal, having previously held a partnership role at Mayer Brown. He was educated at University of Florida – Fredric G. Levin College of Law, New York University School of Law and Georgetown University Law Center.
WTP Advisors announced today that Stéphane Dupuis, who was most recently a KPMG partner, has joined its transfer pricing practice.
“Stéphane’s global approach and his Canadian perspective will further strengthen our ability to serve our global clients,” says Dave Wain, partner and co-founder of WTP Advisors.
Based in Montreal, Stéphane has over fifteen years of transfer pricing experience with Big Four accounting firms, including over ten years as the Chief Economist of KPMG’s transfer pricing practice in Montreal.
Michael Flaherty, WTP transfer pricing partner, says, “WTP Advisors is truly fortunate to be able to add Stéphane to our team of transfer pricing professionals. We stress a multi-disciplinary approach to transfer pricing, providing our clients with highly experienced lawyers, economists, and analysts working as a team to offer international tax-planning solutions and value-added resources to our clients. Stéphane adds significantly to the capabilities of our team in North America, and we look forward to introducing him to our clients and global affiliates.”
Stéphane will team up with WTP Advisors to develop the Canadian market for transfer pricing services and also partake in developing WTP Advisors’ global reach. As a managing director, Stéphane will also deepen WTP Advisors’ practices in the industries where he is known for his vast experience and knowledge, particularly in the life science and biopharmaceutical sectors.
“I’m excited to work with Stéphane again,” says Guy Sanschagrin, WTP Advisors transfer pricing managing director. “He is very creative and has a strong reputation in the field for his technical skills and knowledge. At the same time, he maintains a practical, balanced approach our clients need and expect.”
As companies increasingly look to transfer pricing as an essential element of their strategic planning, WTP is uniquely positioned to offer its expertise, productivity improvement frameworks and analytical tools to support company objectives.
“WTP’s agility lets us focus completely on our clients, and deliver world-class services more quickly and efficiently than our competitors who must navigate through cumbersome internal channels and administrative requirements,” says Guy.
“I’m very excited to join WTP Advisors and particularly its great team of transfer pricing professionals”, says Stéphane. “Having seen the quality of resources and the client service culture of the firm, I feel we are set to make a difference and bring outstanding value-add solutions to the market.”
Graham Garven joined VDB Loi this month from KPMG, where he was Head of Transfer Pricing.
Graham has over 20 years of professional tax experience, 15 of which have been in Indonesia. He is widely acknowledged as one of Indonesia’s most experienced foreign tax advisers. He was formerly a partner with KPMG Indonesia, where he established its Transfer Pricing practice. Under his leadership, this unit went on to be recognized as the “Indonesian Transfer Pricing Firm of the Year” in 2010 and 2012.
Graham has a rare combination of skills: he has structured many cross-border deals and transactions, but he also has in-depth knowledge and experience with the intricacies of the Indonesian tax system. His areas of focus, aside from transfer pricing, are dispute resolution, transactional work and M&A. In addition to regular tax advisory work and dispute resolution for major multinationals, Graham has been involved in due diligence and structuring work for high profile deals in several sectors, including financial services, FMCG and airlines. He has advised on local and international private equity transactions and assisted new entrants to the Indonesian market.
Graham holds a Master’s degree from the University of Aberdeen, Scotland and is a member of the Institute of Chartered Accountants of Scotland.
Alvarez & Marsal (A&M) Taxand UK, the independent tax advisory firm, announced last week that it has strengthened its senior team with the appointment of Managing Director Stephen Labrum in London.
Mr. Labrum joins from Ernst & Young to become A&M’s new Global Head of Transfer Pricing (TP). Shiv Mahalingham continues to lead the U.K. practice, while the existing heads of TP will remain in place in the U.S. and other markets. Mr. Labrum’s appointment represents the next stage in the development of Alvarez & Marsal Taxand’s TP practice. The TP practice is expected to achieve substantial growth in the coming years by expanding in existing locations and establishing new teams in several important markets in the U.S., which will be closely aligned with the International Tax practice to serve the growing demand for TP advisory services.
David Pert, Head of Alvarez & Marsal Taxand UK, said:
“We have created the new position of Global Head of Transfer Pricing to bring together the global reach of A&M and the Taxand network, so that we can continue to meet our clients’ needs. Recent market surveys have consistently shown that transfer pricing is now one of the most significant tax challenges faced by multinational companies and so it is essential that we offer transfer pricing services which make best use of our global capabilities. Stephen’s experience in both the U.K. and U.S. makes him an ideal choice to help us with this important initiative.”
Mr. Labrum’s transfer pricing experience covers related policy design, business restructuring, global documentation, implementation, and resolving and preventing issues with tax authorities. His experience in the area of policy design includes developing transfer pricing policies that are practical to implement and defend, while also being fully compliant with the rules in relevant jurisdictions.
Ernesto Perez, Managing Director, Alvarez & Marsal Taxand and National Practice Leader of the firm’s Transaction and International Tax practices, added:
“Stephen Labrum’s arrival at A&M Taxand is set against the backdrop of multinationals striving for globalisation and governments aggressively seeking to protect their revenue base. Stephen’s transfer pricing expertise will complement our international tax services to clients who are trying to arrange their tax matters as efficiently as possible, while responding to unprecedented levels of challenge by tax authorities around the world. ”
Stephen Labrum, Managing Director, Alvarez & Marsal Taxand UK, added:
“As Global Head of Transfer Pricing, I look forward to working with my colleagues to help deliver an outstanding service to our clients, drawing on the Alvarez & Marsal Taxand teams in the U.S. and U.K., and the Taxand global network of over 2,000 tax professionals in 48 countries.
“Two factors differentiate us from our competition: first, our business model is based on ensuring that our most experienced and senior team members are very involved in the day-to-day delivery of high quality service to our each of our clients. Second, the wider Alvarez & Marsal business is based on providing deep industry-specific business guidance. By working closely with these colleagues we will be able to focus more effectively on the true commercial issues at the heart of our clients’ transfer pricing challenges.”
Drew Bailey has joined KPMG’s Birmingham office as a partner to lead KPMG’s Midlands transfer pricing practice.
Drew Bailey, who joins from Deloitte, has 11 years of international tax and transfer pricing experience and has worked with many large multinational clients, including both inbound and outbound from the UK across a wide range of transfer pricing issues. He has worked across all sector lines but in particular has focused on automotive, transport and logistics and software where he has been working with a number of clients as they expand globally and redesign their value chains.
Stuart McDougall, partner and head of transfer pricing at KPMG in the UK, said:
“We are delighted that Drew is joining us as he brings a wealth of transfer pricing experience. As demand for transfer pricing advice from our clients continues to grow, Drew’s experience will be invaluable both in the local market and more broadly alongside the existing senior team.”
Drew Bailey said: “I am extremely excited to be joining KPMG at a time when it continues to expand its transfer pricing practice. Along with the team in the Midlands, I believe we can deliver significant value for our existing and new clients through our comprehensive transfer pricing offering.”
Todd Wolosoff is the new global managing tax partner for Deloitte’s transfer pricing practice. Mr. Wolosoff has been a tax partner in the New York City office of Deloitte for the last 25 years. He has extensive experience representing multinational companies in a wide variety of transfer pricing matters.
Mr. Wolosoff was the founding partner of the Northeast Transfer Pricing Group in 1990. He was a founding member of the National Transfer Pricing Leadership Group and has been in a leadership role for Deloitte in the transfer pricing area for more than 20 years.
Mr. Wolosoff has provided transfer pricing advice to many of the world’s largest multinationals. He has conducted transfer pricing planning and documentation studies for both inbound and outbound taxpayers in virtually all industries, with a particular focus on consumer products, life science and pharmaceuticals, electronics, automobile and automotive parts, medical products, chemicals, cosmetics, trading companies, and financial services.
Mr. Wolosoff is one of Deloitte’s leading specialists in transfer pricing controversy, directing audit teams that have negotiated successful settlements in more than 50 audit controversies. Mr. Wolosoff has been involved in a number of groundbreaking audit cases and has led many of the largest transfer pricing audit engagements conducted by the firm in the U.S. He has also participated in transfer pricing audits in Canada, France, Italy, United Kingdom, and Japan. For the past decade, Mr. Wolosoff has led Deloitte’s highly attended annual webcast on strategic planning for transfer pricing controversy.
Mr. Wolosoff has been recognized every year by Euromoney as one of the world’s leading transfer pricing advisors since the guide’s inception in 1999. International Tax Review awarded Deloitte the “North America Transfer Pricing Firm of the Year”, as well as “New York Transfer Pricing Firms of the Year” 2011–2012. Mr. Wolosoff has been recognized by Mondaq as one of the world’s leading tax attorneys.