There has been a change in the management of the tax & legal practice at EY Romania. The new leader is Alex Milcev.
Alex has been with the firm since 2002 and focuses on international tax and transfer pricing. He trained in tax with Arthur Andersen.
He takes over from Venkatesh Srinivasan who is relocating with EY to India.
KPMG today announced that Jane McCormick, Head of Tax and Pensions at KPMG in the UK, has been promoted to Head of Tax for the firm’s Europe, Middle East and Africa (EMA) region and a member of KPMG’s EMA board, together with becoming the Senior Tax Partner for KPMG in the UK.
In her new role as Head of Tax for KPMG’s EMA region which is effective as of 1 January 2015, Jane will drive KPMG’s strategy and response to EU audit reform, capitalising on the opportunity which this gives the firm for growth in the UK, across the region and the world. As the Senior Tax Partner in the UK, Jane will continue to take responsibility for KPMG’s professional conduct in tax and to lead the firm’s engagement with government, HMRC, professional bodies and clients.
Jane McCormick commented: “I am very excited to be taking on this new challenge and huge role. Our tax, pensions and legal service practice is passing through an intense period of change. On the one hand changing market conditions mean that we have to adapt our services and the way we deliver them, whilst EU audit reform, the change in regulation of legal services and the digital revolution are all causing significant market disruption. At the same time we face large scale operational change, increased interest in and scrutiny of the tax profession and a once in a lifetime opportunity to reshape tax services in line with this rapidly evolving landscape.”
A fellow KPMG partner and current head of KPMG’s UK Risk Consulting Practice, Karen Briggs, takes on the role of Head of Tax, Pensions and Legal Services for KPMG in the UK as of 1 January 2015. Karen’s remit is to lead and accelerate the transformation of the practice and to foster and embed ever closer linkages between the UK firm’s tax and advisory practices in line with its ‘One Firm’ strategy.
Karen has led KPMG’s UK Risk Consulting practice for the last two and a half years, steering it through a period of significant regulatory change for both clients and the market. This has involved driving profitable growth in the business and broadening into new areas of risk and regulation with a strong emphasis on embedding technology, whilst maintaining a focus on the development of the firm’s partners and colleagues. Melissa Allen, UK partner and Head of Financial Services Consulting, becomes Head of KPMG’s UK Risk Consulting practice, effective as of 1 January 2015.
Simon Collins, Chairman and Senior Partner at KPMG in the UK, said: “Karen’s appointment helps to accelerate our ‘One Firm’ strategy, bringing together advisory and tax. Jane will work with Karen to ensure that we continue to be responsive to the tax market and build on our growing reputation for the quality and integrity of our tax services. I am confident that Jane, Karen and Melissa can ensure we continue to grow and develop successfully.”
Prime Minister Stephen Harper has announced the following appointment:
The Honourable Eugene Rossiter, Associate Chief Justice of the Tax Court of Canada since 2008, has been appointed Chief Justice of the Tax Court of Canada. He was first appointed to the Tax Court as a Judge in 2006 after a long and successful career in private practice. He replaces Chief Justice Gerald J. Rip.
Justice Rossiter received a Bachelor of Business Administration from St. Francis Xavier University in 1974 and a Bachelor of Laws from Dalhousie University in 1978. He was called to the Bar of Prince Edward Island in 1978, and was appointed Queen’s Counsel in 1991. Justice Rossiter has been President of the Prince Edward Island Law Society, member of the Prince Edward Island Supreme Court Rules Committee, Director of the Canadian Chamber of Commerce, Governor of the Atlantic Provinces Economic Council, Governor of the Prince Edward Island Junior Achievement, member of the Partnership Board of Stewart McKelvey, and Chairman of the Partnership Board of Stewart McKelvey.
Justice Rossiter is a founding Director and Secretary-General of the International Association of Tax Judges, and has served as its President since 2011.
Feargal has served on the PwC Leadership Team and has been Head of the Firm’s Tax practice for the last four years. Feargal has worked extensively with technology and multinational companies, mostly concentrated on the US West coast, where the Firm has developed a successful practice. He also advises some of Ireland’s leading public companies.
Feargal has been a Partner since 1996. He is a Fellow of the Institute of Chartered Accountants in Ireland, an Associate of the Irish Tax Institute and a graduate of University College Dublin.
Speaking on his election, Feargal O’Rourke, said: “I am honoured and delighted to have been elected by my fellow Partners to lead the Firm for the next four years. I look forward to supporting our clients and ensuring we continue to be the Firm of choice for the best people and the best organisations.”
Commenting on Feargal’s election, outgoing Senior Partner, Rónán Murphy, said: “I congratulate Feargal on his election as Senior Partner and I wish him every success. This is an exciting time and the improving economy provides a strong base for the Firm to continue to grow and prosper. I look forward to supporting Feargal and the Firm through the transition and in the future.”
PwC is Ireland’s largest professional services Firm with total revenues of over €300 million on an all-Ireland basis and employing over 2,800 people.
FTI Consulting announced today the appointment of Clare Hartnell as a Senior Managing Director in the Company’s European Tax Advisory practice. Clare will focus on real estate tax, working closely with Marvin Rust.
Clare has more than 25 years of experience in advising businesses in the real estate sector on taxation. Most recently, Clare sat as Global Leader of Grant Thornton’s Real Estate & Construction practice, where for 13 years she helped companies augment their value and navigate changing taxation policies. At FTI Consulting, Clare will advise property businesses ranging from regeneration projects to significant investors and developers on commercial and tax issues.
Commenting on today’s announcement, Marvin Rust, Head of the European Tax Advisory practice at FTI Consulting, said, “Clare is the perfect fit for our practice. The team currently provides a range of services to the real estate sector, including tax advisory, due diligence and transactional support. Clare’s experience in providing commercially-driven tax advice complements the service we provide to clients looking to increase the value of their businesses.”
Commenting on her appointment, Clare Hartnell said, “I am delighted to be joining FTI Consulting, a leader in real estate advisory services. The Company’s Tax Advisory practice and Strategic Communications segment both act for a number of household names in the real estate sector, whom I look forward to working with.”
The Australian Government has announced four new appointments to the Board of Taxation.
Mr Michael Andrew has been appointed as Chair with Mrs Peggy Lau Flux, Mr Mark Pizzacalla and Mr Craig Yaxley appointed as members of the Board.
The Board of Taxation consists of up to 10 members and is a non-statutory advisory body charged with contributing a business and broader community perspective in improving the design of taxation laws and their operation.
Mr Michael Andrew brings a deep understanding of the business community and tax law from his time as Chairman and CEO of KPMG International from May 2011 to July 2014 and Chairman of KPMG Australia from 2007 to 2011. He is currently the Co-Chair of the Australian B20 Working group on Anti-Corruption and Transparency.
Mrs Peggy Lau Flux has experience working in corporate banking for Citibank and Standard Chartered Bank in Hong Kong, where she led initiatives such as the installation of the first electronic banking system in China. She has served on a number of boards, including the Royal Adelaide Hospital, the Council for International Trade and Commerce of South Australia and the Australia China Council.
Mr Mark Pizzacalla has experience in small business tax issues, with over 30 years in practice. He is currently a Partner in BDO’s tax practice. He has also recently completed his PhD on the taxation of Small and Medium Enterprises in Australia. He is the former Chair of The Tax Institute’s National SME Sub-Committee.
Mr Craig Yaxley has business taxation experience, with over 30 years corporate tax experience in the mining and resources industry. He was appointed KPMG Western Australia Lead Tax Partner on 1 July 2013. He is an Executive Councillor of the Association of Mining and Exploration Companies and Chair of the AMEC Tax Committee.
All appointments are for three years. These appointments follow the expiration of the terms of a number of current Board members.
David McLellan will be joining Withers in Zurich with effect from January 2015.
David is an English / Australian qualified lawyer specialising in private client, fiduciary and international tax advisory. He assists global financial institutions, trustees and wealth owning families with international taxation, estate planning, asset protection and succession planning. He is well versed in the complex international taxation, legal and regulatory issues faced by global wealth owning families and has a special interest in cross-generational succession planning & risk management.
David also has significant business leadership experience in relation to strategy, change & operational management.
Talking to Tax Grotto about his new role, David commented:
“I am absolutely delighted to join Withers and look forward to helping them further build up their Zurich wealth planning operation as well as to use their Zurich office to champion Withers’ global expertise and work with colleagues around the world on complex international mandates.
While I have had over 20 years of experience in various roles in the private banking and wealth management sphere and have always worked closely with wealth owning families, I am very excited to get back into legal practice and once again become the independent and trusted advisor to clients. Switzerland still has its challenges but it will always remain a key global financial centre – risks have simply moved to the individual with an ever higher need for advice. So an extremely interesting time to join Withers.”
Prior to joining Withers, David was Executive Director & Head of the UK Family Office at Stonehage. He is also the former Group Chief Executive Officer of the Rothschild Trust Group and member of the Executive Board of Rothschild Private Bank & Trust (where he responsible for 200 plus staff & 10 offices). Prior to that, David had worked as an international tax & trust lawyer with Baker & McKenzie and Ernst & Young; and was also involved with the launch and establishment of LawInContext (Baker & McKenzie’s online legal knowledge management arm) as General Counsel & Chief Operating Officer.
David has worked in each of London, Zurich and Melbourne and is a dual Swiss Australian national.
Justin Ripman has been promoted to Senior Partner at Mills & Reeve
Justin joined Mills & Reeve in 1991 and is a private tax and landed estates expert. He has previously headed-up the firm’s private tax team and has been a key player in building private client work as a core sector at Mills & Reeve.
He is a member of the Country Land and Business Association, National Tax Committee. He also sits on the Society of Trust and Estate Practitioners (STEP) Technical Committee.