WTS Alliance admits Australian member firm
The global independent professional tax services network, WTS Alliance, announced today that it had admitted an Australian member firm to its network, WTS Australia Consulting & Advisory, a group of experienced Corporate and International Tax Advisers.
WTS Alliance was the first global network of independent tax firms, formed in 2003. It was founded by German tax advisory firm WTS, headquartered in Munich. WTS World Tax Service is one of the largest German firms in its industry with more than 400 employees. It has six German offices from Frankfurt and Düsseldorf to Hamburg.
WTS Alliance selects one member firm per country and now has 27 member firms and strong partners in more than 90 countries. It is rapidly expanding to meet the demand for tax consulting services of international and major medium-sized companies all over the world, and Australia is its latest destination.
WTS Australia has been established by a former big four senior tax partner, Cameron Allen, as CEO with a former colleague, Julie Ling, and is currently in a drive to recruit talent and admit new specialist tax partners. Mr Allen has 20 years of professional tax consulting experience and has worked on a number of large transactions in his career, including corporate restructures, public floats, trade sales and ATO negotiations. He is highly regarded by clients for his ability to provide high level, innovative and practical tax advice on complex, and often demanding, transactions. He has extensive corporate and international tax experience and more recently has focussed on clients in the manufacturing, life science and technology sectors.
Commenting on the new Australian WTS member firm, WTS Alliance spokesperson and Chairman of WTS in Germany, Fritz Esterer said, “Australian companies will now have more choice when it comes to choosing experienced independent tax advisers rather than looking to the traditional global audit firms for tax services”.
WTS Australia CEO Cameron Allen is excited about the challenge and opportunity to build a national tax services firm and is delighted to be part of the WTS Alliance. He said the Australian market was long overdue for an independent tax services firm with a strong global network where personalised service and practical and innovative advice is paramount. “Our independence allows our people to focus on providing tax advice without the burden of supporting an audit practice or conducting time-consuming conflict evaluations”, Mr Allen said. “Similarly, clients will also see the benefit of a dedicated tax services firm that focuses solely on the client’s tax needs without the distraction of large firm bureaucracy and administration. We intend to build a practice that excites our people which in turn will result in greater satisfaction for our clients.”
About WTS Alliance
WTS Alliance is coordinated by the German firm WTS AG Steuerberatungsgesellschaft The international consultancy network has outstanding tax expertise with 27 Alliance members in 92 countries