In an effort to further develop capabilities within the region, Deloitte has recently appointed several service line leaders. The firm has acquired many individuals across the GCC during the year, a number of whom have come from the UK tax practice. ...
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In an effort to further develop capabilities within the region, Deloitte has recently appointed several service line leaders. The firm has acquired many individuals across the GCC during the year, a number of whom have come from the UK tax practice. John Belsey joined in late 2008 as the international and M&A tax leader for the region. Additionally, Alex Law, who was previously building the real estate practice of Deloitte member firms in Eastern Europe, has also joined, as has Brandon George, a transaction specialist primarily focused on private equity and global reorganisations. As a result, Deloitte is collaborating closely with Deloitte UK from an indirect, transfer pricing and government tax administrative perspective, to ensure complete coverage of tax services across the GCC.
The firm has been active in the market in terms of lobbying the relevant ministries of finance. It is advising the Egypt Ministry of Finance on the introduction of a VAT as well as the administration and simplification of existing tax systems for governments across the GCC.
The firm's Saudia Arabia tax practice is present in the three major centres of the Kingdom (Riyadh, Jeddah and Al Khobar). It has 20 partners and directors and about 300 professional staff serving some of the largest multinational and national clients and is lead by Middle East tax leader, Nauman Ahmed.
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