Kinetic Partners, an adviser to the financial services industry, has appointed Gary Ashford as a member within the firm’s global tax team.
This new appointment further enhances Kinetic Partners’ capabilities across the alternative investment tax spectrum, while also creating a new area of expertise within the practice.
As an expert in offshore tax risk and investigation matters, Ashford (pictured) will assist clients, financial institutions and fiduciary companies in relation to the various FATCA intergovernmental agreements, global transparency and voluntary tax disclosure facility industry, the Liechtenstein Disclosure Facility, the Swiss/UK tax agreement and general asset preservation.
Ashford joins Kinetic Partners from RSM Tenon, where he was a partner and national head of tax investigations and dispute resolution, building his reputation as a leading offshore tax risk and investigation expert. With more than 25 years’ experience in the tax industry, gained through roles with Grant Thornton, Ernst & Young and HM Revenue & Customs, he brings with him a wealth of knowledge.
Ashford says: “I have watched the developments at Kinetic Partners for some time and have been very impressed with the progress being made, and the sheer quality of the people here.
“Global transparency is now at the top of the list of priorities for OECD member countries, with the increasing trend in Tax Information Exchange Agreements and FACTA type agreements. We are seeing fiscal authorities around the developed world become ever more sophisticated in the way they tackle cross border activity. That trend will only continue and I am pleased that Kinetic Partners are well placed to help clients face up to those challenges. Tax is becoming a major focus in Anti-Money Laundering regulations and so I am seeing a significant interest in businesses with offshore structures seeking clarity to ensure they are tax compliant in the new world ahead.”
Julian Korek, chief executive, Kinetic Partners, says: “Gary’s standing within the tax industry and level of specialist expertise will ensure he is a highly valuable addition to the team. We are excited to be expanding our global tax offering to meet the needs of our clients in an ever changing global financial services marketplace.”