EY Brazil strengthens tax compliance services through acquisition of AJ Galdeano Consulting
AJ Galdeano Consulting has joined Ernst & Young, the EY member firm in Brazil, to expand its tax services. The focus is on accounting compliance and reporting as well as business process outsourcing. AJ Galdeano’s capabilities span accounting, treasury, tax and payroll functions to complement EY services offered across the Americas.
“Anticipating long-term growth in the Brazilian economy, EY is building Tax capabilities to provide a full range of services for clients growing and investing in the country moving forward,” said Kate Barton, EY Americas Vice Chair, Tax Services. “The current economic environment is likely to rebound, rewarding those who had the vision to selectively strengthen their talent and resources. EY firms currently offer Accounting Compliance and Reporting Business Process Outsourcing (ACR BPO) in 150 countries with 2,100 dedicated global professionals.”
“These services play an increasingly important role in Brazilian companies’ operations,” said Tatiana da Ponte, Tax Managing Partner for EY Brazil. “The acquisition allows EY Brazil and the larger network of EY firms to provide a more comprehensive suite of services to clients in the geography.”
AJ Galdeano will become part of the EY Brazil Global Compliance and Reporting team, adding 61 professionals in Sao Paulo and Rio de Janeiro while continuing to serve its 34 legacy clients including public companies, large multinationals and fund management firms.