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The comprehensive guide to the world's leading tax firms

With a team of 133 partners and 1,300 professionals, Deloitte's tax practice is one of the largest in Canada, covering the full spectrum of practice areas. Over the past year, the firm has handled several interesting and challenging matters, such as ... [more]

With a team of 133 partners and 1,300 professionals, Deloitte's tax practice is one of the largest in Canada, covering the full spectrum of practice areas. Over the past year, the firm has handled several interesting and challenging matters, such as their defence of a corporation that faced a large CRA assessment. While the taxpayer acknowledged some of the tax authority's claims it completely disagreed with others. Relations between the two were tense and reached a stalemate. Deloitte's tax controversy team was able to facilitate a resolution without further complicating the relationship, through careful analysis of the filed position, dialogue, and the application of the appropriate law, policies, procedures, and processes. In April 2012, Deloitte advised a large Canadian retail chain in a transfer pricing issue, valued at between $5 million and $15 million. The firm designed and implemented an optimisation strategy involving the cross-border transfer of commodity price risk between affiliates through a financial hedging instrument without altering the supply chain and causing substantial operational changes. In June 2012, Heather Evans replaced Andrew Dunn as national practice leader. The practice's transfer pricing team is widely respected, with peers distinguishing Rob O'Connor, Muris Dujsic and Richard Garland. Indirect tax leader Danny Cisterna is praised for his expertise in that practice area.

Javier Goyeneche, who is praised by peers for his skill in corporate tax and M&A, is Deloitte's tax practice leader. The group provides clients with advice and services related to international tax, indirect tax, transfer pricing, and tax litigation. ... [more]

Javier Goyeneche, who is praised by peers for his skill in corporate tax and M&A, is Deloitte's tax practice leader. The group provides clients with advice and services related to international tax, indirect tax, transfer pricing, and tax litigation. Its client roster includes companies from a wide range of industries, including but not limited to, consumer goods, financial services, and energy. Members of Deloitte's tax group that are often complimented by peers are Ricardo Gonzalez Orta for his in-depth knowledge of transfer pricing and Juan Carlos Izaza for his skill in corporate tax and cross-border structuring. The tax team lost five practitioners in May and June 2011 with the departure of Alfredo Álvarez, international tax and clients leader for Latin America; three other partners Francisco Olivares, Rodrigo Ochoa and Rodrigo Fernandez; and tax director José Manuel Padilla. The five joined Ernst & Young.

As transfer pricing assumes much more importance for US and international tax authorities, Deloitte's Chicago practice, comprising a staff of 116 partners and fee earners, is taking a more holistic approach to how it serves its transfer pricing clients. ... [more]

As transfer pricing assumes much more importance for US and international tax authorities, Deloitte's Chicago practice, comprising a staff of 116 partners and fee earners, is taking a more holistic approach to how it serves its transfer pricing clients. Through its Business Model Optimisation unit, the firm's professionals look at how a business manages its procurement, intellectual property, supply chain and other processes to optimise them for tax purposes. They also work with their consulting group on tax optimisation of post-merger integration, M&A, and supply chain activities. Tom Driscoll leads the international tax, central region practice; Michele McGuire is indirect tax group leader.

Deloitte's Dallas and Houston practices focus on different industries, reflecting the difference between the two markets. The Dallas practice, which has 34 international tax and nine transfer pricing practitioners, is oriented towards the consumer goods ... [more]

Deloitte's Dallas and Houston practices focus on different industries, reflecting the difference between the two markets. The Dallas practice, which has 34 international tax and nine transfer pricing practitioners, is oriented towards the consumer goods sector, especially retail. It is also active, however, in real estate and financial services. The Houston practice, employing 58 international tax and 13 transfer pricing practitioners, is involved in a lot of domestic and foreign energy transactions. Deloitte in Houston provides its clients with services ranging from planning and executing the transaction to helping their clients organise/structure their tax model post-transaction. Brian Pinto heads the international tax practice as Deloitte's mid-America region leader. John Wells is his transfer pricing counterpart. Peers praise Amin Nosrat and Joe Allen for their work in cross-border structuring and Randy Price for his transfer pricing expertise.

Deloitte's Los Angeles practice primarily serves middle-market clients – companies with revenues of $800 million-$1.5 billion – in the electronics/high-tech field, gaming and media, distribution and services, and life sciences. However, clients also ... [more]

Deloitte's Los Angeles practice primarily serves middle-market clients – companies with revenues of $800 million-$1.5 billion – in the electronics/high-tech field, gaming and media, distribution and services, and life sciences. However, clients also include a number of Fortune 50 companies as well. Its team of 47 practitioners specialise in international tax, transfer pricing and indirect tax. The international tax group, headed by regional tax managing partner Scott Mund, has seen a lot of inbound activity, particularly from China and India in interactive gaming and entertainment. Repatriation planning – tax-efficient ways of bringing money back to the US from overseas – is also an area of growth as companies try to figure out where the economy is headed. They are also assisting clients with various planning situations in preparation for possible tax reform. The transfer pricing practice, led by transfer pricing west region leader Mark Nehoray, can be broken down into compliance and consulting. Compliance includes documentation, reports that serve as a guide for taxpayers, IRS audits and advance pricing agreements. Dispute resolution and arbitration can also fall under this category. The consulting side includes Business Model Optimisation, supply chain management, licensing arrangements and restructurings. Rivals praise Nehoray for his transfer pricing skills and expertise.

Deloitte's team of 189 practitioners in New York is heavily focused on inbound investment, with roughly 20% of its international tax professionals dedicated to this type of client. Jo Ann Catalano is Northeast international tax practice leader and her ... [more]

Deloitte's team of 189 practitioners in New York is heavily focused on inbound investment, with roughly 20% of its international tax professionals dedicated to this type of client. Jo Ann Catalano is Northeast international tax practice leader and her group focuses on M&A structuring and compliance, as well as supply chain planning and IP planning as companies focus more on how they can better align their business and tax strategies in the context of their principal and IP companies. John Kennedy focuses on private equity. His practice covers structuring a fund and a subsequent acquisition. After that, Kennedy and his group tend to do most of the tax compliance that relates to the investment for the duration of the holding period. Deloitte has seen significant growth in private equity, asset management and hedge funds. While all other practice areas are organised regionally, Deloitte's transfer pricing practice is a national group, headed by Todd Wolosoff who also became managing partner of Deloitte's global transfer pricing practice in 2012. In his new role, Wolosoff has implemented several key global strategic initiatives, such as the transfer pricing Industries Program focused on bringing deep industry knowledge and expertise to the firm's clients. Based in New York, Robert Plunkett heads the financial services transfer pricing group. In the past year, the firm advised a diversified communications and media company, in one of the few advance pricing agreements (APAs) to have been negotiated in China. The client was facing significant double taxation, in the tens of millions of dollars, on an annual basis. Deloitte was also the first firm to host a financial services roundtable with the Internal Revenue Service and the UK's tax authority, HM Revenues & Customs. The New York practice acquired a new principal with the hiring of Carlos Schmidt in May 2011, and two transfer pricing professionals, with the relocation of Shanto Ghosh from Deloitte India in October 2011 and Bill Yohana from Deloitte Australia in June 2012.

Deloitte is the sole sponsor of the Organisation for International Investment, a leading lobbying group for inbound companies in Washington DC. Global US investment practice leader Robert Stricof testified before a House Ways and Means subcommittee on inbound matters, making Deloitte the only firm represented in the hearings. It was also represented in hearings on outbound matters, along with several other firms.

Deloitte's San Francisco and San Jose practice offers clients services in international tax, transfer pricing and indirect tax. The two offices employ 88 practitioners, led by Mike Reichert, international tax west region leader; Keith Reams, transfer ... [more]

Deloitte's San Francisco and San Jose practice offers clients services in international tax, transfer pricing and indirect tax. The two offices employ 88 practitioners, led by Mike Reichert, international tax west region leader; Keith Reams, transfer pricing leader for US clients and markets; and Ron Saake. The west region covers Seattle, Las Vegas, California, and Hawaii. In the past year, the San Francisco and San Jose practices have seen greater client demand for advice on supply chain management, in anticipation of US tax law changes, but also in regards to worldwide developments. M&A activity has also been increasing as Silicon Valley companies look for opportunities to grow. The firm has added a new senior partner in the Bay Area with the hiring of Doug Wibbing from Armanino McKenna. Two advisers were promoted to international tax directors, while another became a senior manager in August 2012. Reichert, Saake and Jeff Sokol are well respected by peers for their expertise and skill in the corporate tax practice area. Deloitte lost an international tax director to Alvarez & Marsal – Taxand in March 2012.

Deloitte's Washington DC practice has seen an uptick in client demand for due diligence work and evaluation of strategic acquisitions. Tim Tuerff, the Washington National tax leader, said companies want to be more efficient, not just in terms of tax, ... [more]

Deloitte's Washington DC practice has seen an uptick in client demand for due diligence work and evaluation of strategic acquisitions. Tim Tuerff, the Washington National tax leader, said companies want to be more efficient, not just in terms of tax, but in general. The practice comprises a staff of 41 in international tax and 29 in transfer pricing. Arin Mitra heads the Washington national transfer pricing group.