Macfarlanes hires Martin Zetter from EY to lead Transfer Pricing
Macfarlanes has announced the appointment of Martin Zetter to the newly created role of Head of Transfer Pricing and Senior Economist in its Tax and Structuring Group. The hire is a strategic move, reflecting the increasing importance of transfer pricing in corporate and fund structuring and will allow Macfarlanes to offer unparalleled structuring advice to its clients.
Martin joins the firm from Ernst & Young, where he was a Director in the financial services transfer pricing group, specialising in the asset management, banking and insurance industries. Previously he was Global Head of Transfer Pricing at BNP Paribas.
Recent changes in corporate culture and public oversight have led to an increased scrutiny of related party transactions, with transfer pricing becoming a strategically important element in corporate and fund planning. Appropriate transfer pricing can result in direct improvements to the bottom line of businesses whilst improving the robustness of their structures from tax authority challenge.
Ashley Greenbank, head of the Tax and Structuring Group at Macfarlanes comments: “The increasing importance of transfer pricing has put corporations and funds under pressure to adopt a holistic approach to structuring. We see Martin’s appointment as an opportunity to complement our existing transfer pricing and tax structuring expertise and enhance our offering to clients. This ability to provide fully comprehensive advice and structuring solutions to our international corporate and fund clients stands us apart from our peers.”
Martin Zetter, Head of Transfer Pricing and Senior Economist at Macfarlanes adds: “Macfarlanes has a strong track record in delivering high-quality and innovative client solutions. In today’s marketplace, global businesses must ensure they are stringent in their compliance with international rules while maximising returns. In this context, transfer pricing has become a crucial element in corporate structure considerations. I look forward to working with the team at Macfarlanes to help its clients achieve their business goals.”