BDO USA has recruited Joseph Calianno into the Washington-based National Tax practice. He joins as a partner and leader of the International Technical Tax Practice.
Mr Calianno was formerly with Grant Thornton in Washington, where he held a very similar role. He had been with GT for over 11 years. Prior to that he worked for 5 years as Special Counsel to the Deputy Associate Chief Counsel (International). He holds an LLM Taxation and MBA from New York University.
Morgan Lewis has recruited corporate tax partner Paul Beausang, who will join the firm in October.
Mr. Beausang assists clients with a broad range of corporate tax issues with particular emphasis on structured finance transactions, big ticket indirect real estate projects, and public/private development partnerships.
He is currently a partner at K&L Gates in London, prior to that he was a partner with Nabarro. Also joining from K&L Gates is Paul’s colleague, Theresa Kradjian, a structured finance partner.
Alston & Bird has expanded its federal and international tax capabilities with the addition of Scott Harty as partner in the firm’s Atlanta office.
“Our tax practice has experienced vibrant growth in recent years, and Scott’s addition to the team is an important continuation of that trajectory,” said Sam Kaywood, Alston & Bird partner and co-chair of the Federal Income & International Tax Group. “With tax authorities the world over seeking to increase tax revenue to bridge budget deficits, Scott’s extensive experience and know-how further deepen our bench capacity to advise multinationals who are facing increasing challenges and uncertainties in the areas of tax planning and dispute resolution.”
Harty’s practice focuses on complex domestic and cross-border commercial transactions, including taxable and tax-free mergers and acquisitions, joint ventures and corporate restructurings. He has substantial experience advising corporate and private clients on all facets of U.S. inbound and outbound investments, including private equity investments, treaty planning, Subpart F and withholding tax issues arising under the Foreign Account Tax Compliance Act (FATCA) and the Foreign Investment in Real Property Tax Act (FIRPTA).
“Given the complexity and cross-border nature of today’s global economy, Scott’s outstanding track record of creating innovative solutions to sophisticated international tax issues will enhance our ability to serve our clients,” said Edward Tanenbaum, co-chair of the Federal Income & International Tax Group. “He brings remarkable insight to the legal and business intricacies of tax planning and disputes and will be a tremendous resource for clients as they look to achieve their business goals without tax friction.”
Harty also represents clients in domestic and international tax controversy matters, including Internal Revenue Service administrative audits and appeals, as well as negotiation and settlement of taxes and civil penalties. He handles tax audits for public and private companies, income and gift tax audits for individuals and cases with significant offshore trust and foreign corporate tax issues. He will also collaborate with the firm’s private client practice on similar matters, including the tax implications of cross-border wealth transfer planning, advising families on their business and private equity investments and handling IRS controversies.
“Scott’s addition gives us even more firepower to meet the demand for sophisticated tax planning by our multinational clients both locally and on a global scale,” said Janine Brown, partner in charge of Alston & Bird’s Atlanta office. “He will have an important role to play in a market where uncertainty about forthcoming tax reform will drive demand for thoughtful and creative tax counseling.”
A frequent speaker on domestic and international tax issues, Harty joins from the Atlanta office of Smith, Gambrell & Russell, LLP, where he was a partner and head of the Tax Practice.
Alvarez & Marsal Taxand has recruited Managing Director Darren Mills back into the firm. He joins from Dixon Hughes Goodman where he has been a tax partner for the past 20 months.
Based in New York, Mr. Mills first joined Alvarez & Marsal’s start-up tax advisory practice nearly a decade ago to help build a more responsive, entrepreneurial and world-class alternative to audit-based accounting firms subject to related conflicts of interest.
A&M’s U.S. tax practice was formed in 2004 to work with companies and investors, and help address complex domestic and international tax matters without audit-based conflicts of interest. To best service multi-national businesses, A&M also became a founding member of Taxand, the first international organization of leading independent tax firms that today has a presence in nearly 50 countries around the world.
With more than 20 years of experience working with multi-national corporations on federal and international tax issues, including cross border M&A and foreign tax credits, Mr. Mills has significant expertise structuring foreign investments and managing issues surrounding consolidated return regulations. In previous roles, he has worked across a variety of sectors including chemical, pharmaceutical, manufacturing, distribution and technology, and brings a deep understanding of Accounting for Income Taxes (ASC 740) technical issues.
Mr. Mills has in-depth knowledge of tax analytics, Subpart F, policy issues surrounding tax inversions and foreign tax credits. He helps clients address complex tax questions and advises on best practices for using tax data to add value.
“We’re finding that an increasing number of companies are behind in putting their tax processes in place and making this function more value-driven,” said Albert Liguori, a Managing Director with Alvarez & Marsal Taxand in New York. “Darren’s return to A&M and his experience in tax analytics demonstrates our emphasis on helping our clients capture and analyze data that allows them to make more informed decisions about their practices.”
Mr. Mills is a widely published industry thought leader and has also served as an Adjunct Professor in graduate taxation courses at the University of Baltimore and at Seton Hall University in South Orange, New Jersey. He is a Certified Public Account (CPA) in the Commonwealth of Virginia, the States of Florida and New Jersey and a licensed attorney in the State of New Jersey (inactive in the Commonwealth of Pennsylvania).
Grant Thornton has hired Layne Albert as a partner in the firm’s Tax practice, based in New York.
Layne has more than 25 years of experience in the financial services industry. He specializes in identifying, understanding and managing federal and state tax issues related to complex business transactions, including mergers, acquisitions, dispositions, financings, recapitalizations, securitizations, reorganizations and bankruptcies. He has extensive experience advising boards of directors and working closely with chief executive officers, chief financial officers, asset managers, banks, private equity investors, hedge funds, Internal Revenue Service staff and investment bankers.
“Layne brings to Grant Thornton extensive knowledge and experience delivering federal and state tax service offerings within the financial services industry,” said Frank Kurre, Grant Thornton’s Metro New York and New England managing partner. “He will be integral in continuing to expand our financial services tax capabilities throughout Metro New York and New England.”
Most recently, Albert was a managing director at Alvarez & Marsal Taxand LLC. There, he advised clients on the federal income tax ramifications of complex business transactions and tax department design and operations, including the creation and management of tax departments through adversity, assistance with Accounting Standards Codification (ASC) 740 accounting matters, including restatements and remediation, and Sarbanes-Oxley compliance. He was also responsible for developing their federal Tax practice in New York, which concentrated in the financial services, energy, manufacturing, engineering, procurement and construction industries. Previously, he was the vice president of Tax at Dynegy Inc. and Encompass Services Corporation.
Albert is a certified public accountant in Texas and a member of the Texas Bar Association. He received a juris doctor degree from South Texas College of Law, a master’s of laws degree in taxation from the University of Houston and a bachelor’s degree in business administration with a concentration in accounting from the University of Texas.
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Kirkland & Ellis International has announced that Jonathan Kandel will join the Firm’s London office as a partner in the Tax Practice Group.
“Jonathan is a leading tax partner who has a wide range of experience across private equity, fund formation, special situations and real estate investments,” said Jeffrey C. Hammes, Chairman of Kirkland’s Global Management Executive Committee. “His practice will significantly enhance our global tax offering to financial sponsors and credit funds.”
Mr. Kandel will join Kirkland from Weil, Gotshal & Manges’ London office, where he has worked since 2001. Prior to this he was an equity partner at Clifford Chance.
Lowenstein Sandler has strengthened its tax practice with the addition of Michael Walutes as a partner in the New York office.
Mr. Walutes’ practice focuses on advising public and private companies, debt and equity funds, REITs and other entities on the tax implications of various transactions. Michael joins the firm from Robinson & Cole LLP. Prior to Robinson & Cole, he was a partner in the New York tax department of Morgan, Lewis & Bockius. He also previously worked at Sullivan & Cromwell.
“Michael’s experiences will add great strength and new dimensions to the sophisticated counsel in a wide range of tax related areas. Additionally, this is an important area of growth for the firm and I’m delighted that Michael has joined Lowenstein Sandler,” said Gary Wingens, Lowenstein Sandler chairman and managing partner.
Michael earned his J.D. from Yale University School of Law, and his B.A., Phi Beta Kappa, from The Johns Hopkins University.
Simon Newsham has joined New Quadrant Partners, with effect from 1 June 15.
Simon initially trained with KPMG as a CTA and then qualified as a solicitor with Macfarlanes, where he worked for just under 4 years. He joined Dorsey & Whitney in 2002, becoming Head of Tax but resigned in 2005 to set up his own firm, which he ran for 8 years. Since Feb 2014 he has been co-head of tax at Winckworth Sherwood.
Simon’s work primarily involves:
-advising on the tax aspects on corporate mergers and acquisitions, joint ventures, reorganisations and international structuring;
– dealing with disputes with HMRC;
– implementing share options plans and equity incentives;
– claiming EIS and SEIS relief;
– advising on UK residence and non-domicile issues; and
– designing bespoke tax planning for large corporates, SMEs, OMBs and high net worth individuals both in the UK and overseas.
Simon often appears in the media and has been interviewed by Sky Sport and the BBC and has featured in publications such as the Financial Times, CityA.M., EuroWatch, Money Observer, PLC and the Tax Journal.