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KPMG recruit specialists for advice on tax

KPMG in Newcastle has recruited three specialists as it invests further in its ability to advise North East businesses on tax matters.

KPMG in Newcastle has recruited three specialists as it invests further in its ability to advise North East businesses on tax matters.

Lois Tack focuses on transfer pricing, advising inbound and outbound companies on planning, documentation, and thin capitalisation. She has also built up a specialism advising professional partnerships on the transfer pricing aspects of setting up a service company.

Tack, a manager who joins KPMG from PWC, said: “Transfer pricing is a major issue for companies with overseas operations. It is key that they have appropriate documentation and policies in place in the face of rapidly evolving rules and regulations, and increased focus by tax authorities in the UK and overseas on tax base protection in a tough economic environment.

“Increasingly, groups are considering changes to their business model to achieve increased operational efficiencies.

“From supply chain restructuring, integration of business acquisitions into existing operations, or more wholesale changes to their operating structure, transfer pricing considerations are key to optimising efficiencies and ensure compliance with local regulations.”

Michael Doran is a manager specialising in international executive services. He joins KPMG in Newcastle from the firm’s London office where his six years of focus on international employment tax included a secondment in the US.

Originally from Whickham and delighted to be back in the North East, he said: “From companies with established global mobility programmes to those who may be sending their first expatriate overseas, a range of challenges are associated with globally mobile employees, both inbound to and outbound from the UK.”

Paul Price, senior manager, leads KPMG’s indirect tax team in Newcastle, having joined from Deloitte. He brings over 10 years of experience in VAT and other indirect taxes.

While providing a breadth of VAT advice for clients, Price has particular insights to the travel and tourism sector, the public sector and manufacturing. He is an active member of the VAT practitioners group in the North East and a member of the Chartered Institute of Taxation.

He said: “I’m always keen to ensure full compliance with tax law while securing the lowest possible tax cost for clients in a way that minimises the burden on their commercial operations.



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