Deloitte UK appoints HMRC specialist to hedge funds tax group

[private]Deloitte, the business advisory firm, has appointed funds and transfer pricing specialist Andrew Martyn as a director to its hedge funds taxgroup. He joins from HM Revenue & Customs (HMRC) where he was assistant
director responsible for financial transfer pricing.

Debbie Anthony, lead partner of the Deloitte hedge funds practice said: “We are delighted that Andy is joining us at Deloitte. He brings with him a wealth of technical and commercial experience having, amongst
other things, led the 2007 industry consultation on and the rewrite of the tax rules governing overseas funds with a UK investment manager. He has also led negotiations on a number of significant transfer pricing settlements since 2003.

“Andrew’s appointment demonstrates our commitment to providing extensive expertise in all aspects of transfer pricing to our clients, especially at a time of significant change.”

Prior to his appointment as assistant director, Andrew led the HMRC Investment Management & International Financial Services Group with responsibility for transfer pricing for banking and asset management services and taxation of UK and offshore funds.

Andrew Martyn is the second key appointment from HMRC by Deloitte in recent months. International transfer pricing specialist Edward Morris joined Deloitte in January as a director within the transfer pricing
group. These hires follow the appointment of fellow transfer pricing director Richard Coombes from HMRC in 2007.[/private]