Mark Davies & Associates, a London-based tax firm which specialises in looking after high-net-worth, cross-border individuals, has joined forces with Andersen Global, a rapidly-growing international tax organisation associated with San Francisco-based Anderson Tax LLC.
In a statement today, Mark Davies founder and managing director Mark Davies, pictured above, said the deal would enable his firm’s clients to benefit from the “wider breadth of expertise” and “access to advisers [located] in more than 30 jurisdictions” that being part of an entity like Anderson Global provides.
“Our clients’ needs are expanding, and routinely their tax affairs can span several tax jurisdictions,” he added.
“Our collaboration with Andersen Global, as well as with Roger and his team at RBCVAT Ltd” – another UK tax specialist with which Anderson Global is affiliated – “will enable us to strengthen our current offering.”
For its part, Andersen Global said the arrangement with MD&A, along with its recent collaboration with RBCVAT and the formation of an LLP in the United Kingdom, “significantly increase” Andersen Global’s footprint in what it calls “key tax jurisdiction”, and provide its clients with range of private client services.
In a statement accompanying the announcement of the deal with MD&A, Anderson Global chairman Mark Vorsatz, pictured left, who is also chief executive of Andersen Tax LLC, referred to the UK as “a critical market for our clients” and said the collaboration with Mark Davies & Associates “an essential component in our European expansion”.
Davies founded the company that bears his name in 2007, and has more than 20 years of experience in international tax matters.
He has been a regular commentator for International Investment, observing last April, for example, that the UK government’s surprise, last-minute decision to delay the introduction of a package of new regulations, including reforms to the rules governing the tax affairs of non-UK domiciles who had lived in the country for more than 15 of the past 20 years, was “shambolic”.
Andersen Global describes itself as “an international association of legally separate, independent member firms comprised of tax and legal professionals around the world”, which was established in 2013 by Andersen Tax LLC, which is one of Andersen Global’s member firms.
Today Andersen Global claims to have a presence in more than 89 locations around the world, through its member firms, and a workforce of more than 2,500.