KPMG hires Victor Abrams from PwC as Special Advisor in the Tax Value Chain Management practice

KPMG has appointed Victor Abrams as a Special Advisor in its Tax Value Chain Management practice, based in the firm’s Reading office.  Victor has a wealth of experience managing all tax aspects of business operating models and joins from PwC, where he specialised in this field for the past 20 years and was a senior partner.

Amanda Tickel, head of the Tax Value Chain Management practice at KPMG in the UK, commented:  “Victor’s arrival is a significant boost to our rapidly growing team.  Tax Value Chain Management is all about helping multinationals cope with the impact of multiple taxes on changes to their international business models.  We are actively recruiting and I look forward to announcing further senior hires.

“As businesses become ever more global and ever more complex, this is a growing issue. When businesses change their operating models (by centralising procurement or altering the supply chain for example), management must consider routine operational issues such as supply of labour, geographical spread, location, availability of raw materials and, almost without exception, these operational changes trigger consequences across multiple taxes which also need to be understood.

“Additionally, as a result of the growing attractiveness of the UK as a business destination, businesses are increasingly looking at whether to locate activities here which is leading to increased demand for advice on the British tax regime.”

Victor Abrams said: “I have increasingly seen tax move from the periphery to an absolutely core operational business issue.  Virtually every operational or organisational decision has a tax consequence.  Businesses are increasingly looking for integrated, commercial advice across their entire value chain and I am delighted to be joining the KPMG team which provides this integrated advice and to support their future growth.”