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Deloitte creates: Deloitte North West Europe

In a move that will bolster investment for clients, talent and building capacity, Deloitte has combined its member firms in Belgian, Denmark, Finland, Iceland, the Netherlands, Norway and Sweden with its UK and Swiss firm to create Deloitte North West Europe.

An additional €200 million ($223 million) will be invested across the region over the next three years with an estimated €5 billion in annual revenue being generated. Deloitte North West Europe will begin operating on June 1 2017 and will have 28,000 partners and employees. It will account for 20% of all revenue within Deloitte's global network. 

Deloitte has more than 244,400 professionals at member firms in more than 150 countries and territories. Its revenues for fiscal year 2016 were $36.8 billion. 

more across site & bottom lb ros

More from across our site

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The European Commission wanted to make an example of US companies like Apple, but its crusade against ‘sweetheart’ tax rulings may be derailed at the CJEU.
The OECD has announced that a TP training programme is about to conclude in West Africa, a region that has been plagued by mispricing activities for a number of years.
Richard Murphy and Andrew Baker make the case for tax transparency as a public good and how key principles should lead to a better tax system.
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The forum heard that VAT professionals are struggling under new pressures to validate transactions and catch fraud, responsibilities that they say should lie with governments.
The working paper suggested a new framework for boosting effective carbon rates and reducing the inconsistency of climate policy.
UAE firm Virtuzone launches ‘TaxGPT’, claiming it is the first AI-powered tax tool, while the Australian police faces claims of a conflict of interest over its PwC audit contract.
The US technology company is defending its past Irish tax arrangements at the CJEU in a final showdown that could have major political repercussions.