Eversheds has announced the appointment of leading HMRC tax and funds expert, John Buckeridge, who joins the firm as a Consultant.
John Buckeridge joins from HMRC, where he was a policy and technical adviser on collective investments in the Financial Products and Services Team (part of the Corporation Tax, International, Stamps and Avoidance group). In that role, John worked with industry stakeholders, HM Treasury and Ministers to maintain and develop tax legislation relating to collective investment schemes and their investors.
In particular, John led the HMRC team on a variety of positive legislative changes for developing UK competitiveness as a centre for management and domicile of funds. He also worked with operational tax colleagues to resolve specific customer issues.
Commenting on his appointment, John said:
“Having worked with Eversheds for a number of years, I have been very impressed by their work in the investment funds and asset management sector. I’ve been at HMRC for well over a decade and am keen to join private practice. The firm’s specialist work in my area of expertise made it a natural fit and I look forward to working closely with my new colleagues and further developing the practice.”
Cathryn Vanderspar, at Eversheds, commented:
“John is one of the UK’s foremost experts in tax issues relating to collective investment schemes and we are thrilled that he has decided to join our successful City practice. John’s knowledge of the sector together with his technical tax experience will be invaluable to our clients as products develop and legislative changes continue to take place.”
EY announced today that Sean Hailey, former Tax Advisor to the U.S. House of Representatives Committee on Ways and Means, has re-joined Ernst & Young LLP as a partner with the firm’s National Tax Department – International Tax Services in Washington, DC.
As a Tax Advisor with the House Committee on Ways and Means, Hailey helped formulate international tax policy and draft tax reform proposals primarily focusing on moving the U.S. international tax system to a territorial tax system.
“Sean’s extensive and wide-ranging knowledge of complex tax reform provisions relating to International Tax will be particularly valuable to our clients who need to prepare and plan for the development of new international tax standards,” said Michael Mundaca, co-director of the firm’s National Tax Department. “He has spent his career focused on the practical application and effects of the international tax rules, both in government and in the private sector, and that experience will be invaluable to our clients.”
Prior to his seven years with the House Committee on Ways and Means, Hailey spent four years with the International Tax group of Ernst & Young LLP in the Northeast region. In that role he focused on advising U.S. multinational clients on domestic and foreign taxation issues as well as strategic transactions, including acquisition structuring and financing structures.
Hailey earned his Master of Business Administration and Master of Science in Taxation from Fordham University, as well as a Bachelor of Arts in Economics from The College of the Holy Cross.
Former U.S. House of Representatives Ways and Means Committee Chairman, Dave Camp, has joined PwC US as a senior policy advisor based in its Washington National Tax Services (WNTS) practice.
Recognized for his leadership in advancing federal tax reform, Chairman Camp led the Ways and Means Committee for the last four years until retiring from Congress earlier this year. In his role at PwC, he will continue to focus on the economic, tax, international trade and health care policy issues that were his responsibility as Ways and Means Committee Chairman and his passion during the 24 years he served in the House.
“Dave Camp is a luminary in his field, and we are honored that he has chosen to join PwC,” said Bob Moritz, chairman and senior partner of PwC US. “His commitment to removing barriers to trade and ability to work on a bipartisan basis resulted in the enactment of significant trade agreements. His vision regarding the critical need for tax reform as the catalyst for U.S. competitiveness has paved the way for the changes our economy needs over the next few years.”
Added Mark Mendola, vice-chairman and tax leader of PwC US, “Dave’s willingness to take on the herculean task of developing the most comprehensive tax reform proposal since the mid-1980s is testament to his ability to do what others considered impossible. Chairman Camp’s bill will serve as the foundation for the tax reform discussion that lies ahead of us. His impact on tax policy has been enormous. I know our clients look forward to hearing his insights, learning more about his innovative thinking and seeking his assistance in effecting change, qualities that served him so well in Congress.”
As Ways & Means Chairman, Mr. Camp served as part of the House Republication leadership and played a major role in the formation of policy on a wide range of issues. He was engaged in the Committee’s work on tax, international trade, Medicare, Social Security and fiscal policy issues for more than two decades. In December 2014, he introduced the Tax Reform Act of 2014, the most comprehensive tax reform proposal since the mid-1980s. The Camp proposal, as it became known, is widely recognized as an important foundation for significant business and international tax reform in the future.
In addition to his Ways & Means chairmanship, Mr. Camp was a member of the Joint Committee on Taxation (JCT) for six years, serving as Chairman in 2011 and 2013 and Vice Chairman in 2012 and 2014. He also served on the National Commission on Fiscal Responsibility and Reform, created in February 2010 to identify policies to improve the U.S. fiscal situation after the deep economic downturn. While on the Commission, Chairman Camp co-led the Tax Reform Working Group and was a member of the Mandatory Spending Working Group. Subsequently, he was one of 12 members of the bipartisan Congressional Joint Select Committee on Deficit Reduction, formed in 2011.
In his role at PwC, Mr. Camp will provide his perspective to PwC clients on important federal policy issues, including tax reform, the economy and the impact of proposed policy changes on businesses. He will help PwC clients navigate the dynamic legislative and regulatory process to develop successful strategies and advance policies meant to improve economic growth and competition in global markets. He will also provide valuable insight on the global business environment, including issues specific to Organisation for Economic Co-operation and Development (OECD) initiatives.
Joe Hockey’s office (in Australia) has confirmed that Robert Jeremenko, currently senior tax counsel at The Tax Institute, will join as Chief of Staff for the Tax White Paper Unit.
The Treasurer has created this new role to assist with the delivery of the Government’s white paper on taxation.
Mr Jeremenko started his career with the ATO before joining the Office of the Federal Treasurer. He then moved in-house with NAB for almost 5 years before joining The Tax Institute in 2010. He is taking unpaid leave from The Tax Institute to focus on this new project.
Ernst & Young LLP announced today that Cathleen M. Koch will join as a principal and will serve as the EY Americas Tax Policy Leader. Koch joins from the Office of Senate Democratic Leader Harry Reid, where she served as Chief Advisor on tax and economic policy.
In her new role, Koch will continue the development of the EY network of tax policy professionals across member firms in more than 30 countries in the Americas. The close coordination of these top tax policy professionals will help multinational clients stay informed and on the cutting edge of tax policy developments in the different countries in which they operate. Koch will also advise clients regarding US, Americas, and global tax policy matters.
“As we enter into a new phase of intensive action on tax reform, Cathy’s expertise and insight into the workings of Capitol Hill will be particularly valuable to our clients,” said Kate Barton, EY Americas Vice Chair of Tax Services. “The short window for US tax reform before the 2016 presidential election cycle, coupled with major tax changes in countries around the world, mean now is the time for companies to focus on how tax policy impacts their business.”
As Chief Advisor to the Office of the Senate Democratic Leader on tax and economic policy, Koch led all tax and economic policy initiatives in the 113th Congress from the Leader’s office and was central to strategy and communications on a broad spectrum of issues. She has been deeply involved in almost every Congressional tax and budget measure since January 2013, when she joined the Leader’s office.
Prior to joining Senator Reid’s office, she served as Tax Chief at the Senate Finance Committee, then led by Senator Max Baucus, where she led the Finance Committee’s tax team in developing the tax components of every bill during her tenure, including Troubled Asset Relief Program (TARP), the American Recovery and Reinvestment Act (ARRA), and the Affordable Care Act (ACA). Koch was also Senior Tax Policy Advisor and Staff Director of the Finance Subcommittee on Energy, Natural Resources and Infrastructure.
In the private sector, she has served as Director of Tax Policy and Senior Tax Advisor for General Electric and as Director of Global Government Affairs for Amgen.
Koch earned a PhD in economics from Georgetown University and a BA in economics, magna cum laude, from Millersville University of Pennsylvania.
The ICAEW has announced that Nick Parker has been elected Vice President for 2015/16.
Nick has served as an elected Council member since 1995. During those 19 years he has been a member of the ICAEW Board, chaired its Council for three years and also chaired its Members’ Board during which time ICAEW established the members group in Scotland. Currently he is Chairman of ICAEW’s Audit Committee as well as being a member of the board.
As an ICAEW Chartered Accountant, Nick trained with a small firm in Slough from where he moved to Touché Ross in London, specialising in tax. In the latter part of his career, he worked for Tenon both in Southampton and Edinburgh, practicing as a tax partner. He is currently a tax partner at the Basingstoke office of Baker Tilly. Nick is also involved with the Southern Society of Chartered Accountants (SOSCA) and regularly appears on local media commenting on tax and personal finance issues.
Commenting on his election, Nick Parker said: “I am totally committed to upholding the strong traditions and values of ICAEW whilst at the same time looking to continue the essential and on-going programme of modernisation. As a professional body, ICAEW needs to continue to act in the public interest, maintain standards and the reputation of the profession and ensure that our accountancy qualification is attractive to potential students.”
Current ICAEW President, Arthur Bailey, added, “Nick will be an excellent asset to the current ICAEW office holders team and a worthy president of ICAEW in due course. I’d like to congratulate him and thank his opponent in the election, Nathan Steinberg. We were very lucky to have two great candidates, both of whom bring a huge amount of dedication and enthusiasm to their work on council.”
Nick will serve as Vice-President from June 2015 to June 2016, subject to his formal election at the June Council meeting. He will serve as ICAEW President from June 2017 to June 2018.
Steptoe & Johnson has announce that Lisa Zarlenga is returning to the firm as co-chair of Steptoe’s Tax Group and a member of the firm’s Government Affairs & Public Policy Group. For the past three years, she has served as tax legislative counsel in the US Department of the Treasury’s Office of Tax Policy. Ms. Zarlenga will reside in the firm’s Washington office, where she was first elected partner in 2003.
As tax legislative counsel, Ms. Zarlenga advised Treasury’s assistant secretary for tax policy on a broad range of tax policy issues, including individual, corporate, partnership, tax-exempt organizations, financial products, estate & gift, income tax accounting, energy, excise taxes, and procedure and administration. She supervised a staff of 16 lawyers in preparing administrative guidance, including regulations, revenue rulings, revenue procedures, notices, and announcements to ensure that Treasury’s policies were incorporated into such guidance. She also oversaw the office’s development of the administration’s legislative proposals. In her role as tax legislative counsel, Ms. Zarlenga also gained extensive experience with Treasury’s implementation of the Affordable Care Act.
Ms. Zarlenga joined the Office of Tax Policy in April 2011 as deputy tax legislative counsel for regulatory affairs. In 2011, she was awarded the Treasury Special Act Award in recognition of her leadership and commitment to coordinating the 2011-2012 Priority Guidance Plan, which sets forth more than 300 guidance projects annually that the government intends to prioritize its time.
Prior to joining Treasury in 2011, Ms. Zarlenga practiced at Steptoe for 15 years, handling a wide range of corporate tax planning and tax controversy matters. She assisted clients in structuring tax-free and taxable acquisitions and dispositions, and spin-offs, including providing opinion letters and seeking advance rulings from the IRS, and assisted clients in restructuring financially troubled businesses. She also advised clients with respect to special rules governing consolidated groups. With regard to tax controversy matters, Ms. Zarlenga assisted clients during the audit process, prepared protests, participated in IRS appeals conferences, responded to requests for technical advice, and assisted with litigation matters in various federal courts.
An active member of the tax community, Ms. Zarlenga has held many leadership positions, including chair of the DC Bar Tax Section and vice chair of the Corporate Tax Committee of the ABA Tax Section. In addition, at Steptoe, she co-chaired the firm’s Professional Training Committee.
“We are delighted to welcome Lisa back to Steptoe,” said firm Chair Phil West. “Having worked closely with Lisa, I have seen first-hand what a great talent she is, making me especially pleased she is returning. While at Treasury, she broadened her substantive knowledge and developed greater practical insight into how tax policy issues are developed and resolved through administrative guidance and legislation. This experience will be of tremendous value to clients as the pressure grows for tax reform and when proposals arise to increase tax on multinationals.”
Ms. Zarlenga commented: “Serving at Treasury has been the greatest privilege of my professional life. But I am looking forward to returning to Steptoe, a firm that has been my professional home for my entire private practice career. I am also looking forward to working with Bob Rizzi in my new role as co-chair one of the most acclaimed tax practices in the world.”
alliantgroup has announced the addition of Ashley Fingarson, former Manager of Legislative Affairs at the National Federation of Independent Business (NFIB), to the firm’s Washington national office. In her new role as alliantgroup’s Director of Legislative Affairs, Fingarson will continue advocating for the rights of small and midsized businesses, ensuring that their voice is heard in Congress with respect to legislation and tax policy.
“I am thrilled to be joining such a first-class organization,” said Fingarson. “Since I began my career, supporting small businesses has always been my true passion. As the daughter of a small business owner, this issue has always had a personal connection for me and I am looking forward to continuing this work with alliantgroup.”
Fingarson has held a number of policy and advocacy roles during her career. As the Manager of Legislative Affairs for NFIB from 2012-2014, Fingarson served as the organization’s chief liaison to the U.S. Senate, working with congressional members on tax, budget, immigration, labor and other key policy issues. Prior to her tenure with NFIB, Fingarson was a legislative assistant for U.S. Senator Kay Bailey Hutchinson and advised the senator on major budget and tax policy issues.
“”Ashley’s track record as an advocate for small and midsized businesses speaks for itself,” said Dean Zerbe, former Senior Counsel to the U.S. Senate Finance Committee and alliantgroup National Managing Director. “Ashley will be playing an important role in ensuring the concerns of small business owners are brought to Congress and I cannot wait to see her contributions to the future of our firm.”