Renewables company Vestas has promoted David Mateu.
David has been with the Group Tax function since 2010 as Head of Tax for the Mediterranean and LATAM regions. He will now lead transfer pricing globally and continues to be based from Madrid.
David trained with KPMG and moved to PwC where he reached Senior Tax Manager grade. Since then he has held a series of high profile commercial tax roles, Tax Controller Europe at Bacardi Martini, Tax Director Iberia at GE Capital and Tax Director Europe at Checkpoint Systems.
In his new role he will be responsible for:
1. Setting up the Group’s Transfer Pricing agenda and strategy
2. Identifying & analyzing Global transfer pricing issues and opportunities within the Group
3. Developing recommendations to enhance the Group’s transfer pricing position
4. Implementing transfer pricing planning initiatives in a cross-functional setting
5. Advising business leaders on transfer pricing implications of business initiatives and planning opportunities
6. Ensuring compliance with global transfer pricing rules including maintaining contemporaneous global transfer pricing documentation, cost share arrangements and intercompany agreements.
7. Managing and leading transfer pricing controversies (MAPs, APAs, etcetera) and
developing audit defense strategies
8. Determining tax provision implications/ tax risk management of transfer pricing matters
9. Managing external tax counsel and global advisors
10. Monitoring changes in transfer pricing law and ensuring global compliance with TP regulations
Roman Dawid joins PwC Frankfurt this month as a partner in the Firm’s transfer pricing practice. He joins from Deloitte where he was also a partner and where he had worked since 2001.
He will report into Prof Dr Dieter Endres, member of the Executive Board of PwC in Germany and head of the Tax & Legal service line.
Quantera Global has announced the signing of a key strategic alliance with DFDL, widely recognised as the leading international legal and tax firm in developing Asian economies. The alliance will focus on the Mekong region (Cambodia, Lao PDR, Thailand, Myanmar and Vietnam).
We are very excited to be working with DFDL and supporting its clients in dealing with transfer pricing challenges in the region. This alliance creates a unique combination of the strongest legal and tax practice in these countries with the world’s leading independent transfer pricing practice of Quantera Global.
Jack Sheehan, Regional Tax Partner of DFDL commented on the alliance: “the alliance between DFDL and Quantera Global shows our continued commitment to delivering the highest quality tax and transfer pricing services to our clients in Vietnam and the region. We are now uniquely positioned to provide a full range of solutions at what we believe to be the most cost effective rates in Vietnam.”
With this alliance we will be in an unparalleled position to provide transfer pricing support to multinationals doing business across the region. Our initial focus will be Vietnam and Thailand, where we have already commenced providing fully integrated transfer pricing and tax planning and compliance services, including design, documentation, defence and APAs in direct competition with the Big 4.
Ian Clarke, as transfer pricing specialist, has been promoted from Director to Partner by Deloitte in Southeast Asia.
Ian is a member of Deloitte Malaysia’s Transfer Pricing team in Kuala Lumpur and also leads Deloitte Southeast Asia’s Financial Services Industry Transfer Pricing offering.
He has experience of policy design, implementation review, documentation and controversy management for clients in a variety of industry sectors. He has a particular expertise on TP planning and issue management in relation to financing transactions and the financial services sector.
Previously, Ian spent over 2 years on secondment to Deloitte India, developing and leading Deloitte financial services TP offering. In India, Ian has had experience of managing disputes at the Transfer Pricing Officer, Dispute Resolution Panel and Income Tax Appellate Tribunal level.
Ian was also Chairman of the Mumbai chapter of the Ireland India Business Association (iiba.ie).
Previous to this, Ian was a Director in Deloitte UK, based in London. He spent 10 years in Deloitte UK. He developed and jointly led Deloitte UK’s Financial Transactions TP practice, and was a key member of Deloitte UK’s Financial Services TP team.
Quantera Global has announced the signing of a key strategic alliance with Harsono Strategic Consulting (“HSC”), widely recognised as one of the leading business and tax advisory firms in Indonesia.
The strategic alliance between the two firms will provide international best practice transfer pricing solutions to multinationals of all sizes in the Indonesian market. These services will be in the areas of design and documentation of transfer pricing systems, benchmarking services and proactive tax and transfer pricing audit defence strategies in compliance with international best practices (OECD guidelines) and meeting the expectations of the Indonesian tax authorities.
Quantera Global, which has seven offices throughout Asia as well as presence in Europe and the US, is delighted to continue a long-standing professional relationship with the clients, partners and staff of HSC.
“We have been working together closely for the past four years and we look forward to many more years of successful collaboration, assisting our multinational clients to navigate the rapidly evolving and often stormy waters of transfer pricing in Indonesia,” said Douglas Fone, Senior Partner of Quantera Global.
Sony Harsono, Chief Executive Officer of HSC, is also pleased with this strategic alliance and said that “recently transfer pricing has become a very important matter for multinational companies based in Indonesia and this alliance will combine the strengths and areas of expertise of both firms, in order to enhance our transfer pricing practices and to provide high quality services and workable solutions for our clients.”
Dwi Ary Retnani, Senior Director of HSC and leader of the firm’s transfer pricing practice, added that “with this alliance, we can continue to provide the best transfer pricing practices to our clients. Where we provide in-depth local knowledge and expertise with extensive experience on the local practice, Quantera Global provides expertise and experience in economic analysis and management of complex global transfer pricing issues.”
Transfer Pricing Associates, a leading independent provider of global transfer pricing, customs and valuation services, has signed a new alliance partnership with IC Advisors in Singapore.
IC Advisors is a Singapore-based boutique consulting firm which provides services oriented toward the transfer pricing issues of multinational clients, focusing on the Asia Pacific region. The firm is guided by the experience of its founders in providing advice on designing, documenting and defending a transfer pricing system, and providing valuation, business advisory and training & coaching services. With their profound experience in the Asian market, IC Advisors can provide consistent and meticulous transfer pricing advisory to clients in Asia Pacific.
IC Advisors analyses their clients’ business structure and transaction activities in order to ensure that rules, regulations and robust economically sound principles are followed. The knowledge of IC Advisors in transfer pricing manifests in their processes for approaching the pricing of tangible goods, intangible property, services and financial transactions, eventually assuring that their clients’ transactions are aligned with the economic reality.
Sowmya Varadharajan, a Founding Director of IC Advisors, is a doctorate from Cornell University and the leading practitioner in the firm. IC Advisors and its founding partners also provide in-house training for employees and instruct at leading tax and transfer pricing training providers
Through this alliance partnership, TPA Global continues to have a reliable and credible presence in Singapore. The Group will certainly benefit from IC Advisors’s network of professionals in the entire Asia Pacific region, and the ability to provide customs and tax support in Asia.
Virender Sharma has moved to Transfer Pricing Associates as Partner in the Amsterdam office of the firm. He has been working in transfer pricing for the last 12 years and he joins from KPMG where he was a Director in Global Transfer Pricing Services.
His current role in TPA will be to assist clients in Europe as well as in other parts of the world, including companies having connections with the Asia region. During his career Virender has worked in the UK, India and the US. His expertise include work in the areas such as transfer planning and documentation, thin capitalisation and related agreements, Head Office allocations, cost contribution arrangements, intangible valuation, and Dispute Resolutions – APA’s, MAP’s and extensive experience in representations before tax tribunals.
Theodor van Stephoudt has moved from Dentons US to Reed Smith this month.
He is a well known transfer pricing economist who has worked in Switzerland, as a partner with KPMG, and latterly in the US with law firms.
Theodor has extensive experience working with clients in providing assistance in the development of transfer pricing documentation, the planning of appropriate intercompany prices and the valuation of intangibles, tangible assets and entities for tax purposes. Theodor has defended clients in tax audits conducted by the US Internal Revenue Service (IRS) and tax authorities in Europe and in Asia. His clients include multinational companies with cross-border intra-group transactions. He has advised clients of all sizes, from smaller startup companies to very large, well-known global multinational corporations.
Theodor has analyzed intercompany pricing and fee structures for various industry sectors, including manufacturing, high-tech and financial services, and provided analyses regarding royalty rates, including brand name royalties and related tax and transfer pricing advice. Theodor has developed management fee systems for clients in a number of industries and has assisted clients in determining the most advantageous location for intangibles/value drivers. During his five years in Switzerland, he assisted clients with the establishment of principal structures in that country. Theodor has also advised clients in obtaining advance pricing agreements on a bilateral and unilateral basis. Unilateral advance pricing agreements were established with the IRS. Theodor advised on bilateral advance pricing agreements with Switzerland, Germany, Denmark, and Norway.
Theodor has valued trademarks, technologies, startup companies, other tangible and intangible assets, and entire corporations. He has assisted in due diligence processes to evaluate potential transfer pricing risks.
Theodor has presented at tax and transfer pricing forums, and his articles on transfer pricing have been published in both English and German magazines.