Reed Smith launches TP practice with Dentons hires
Reed Smith is starting a transfer pricing practice in the US after the recruitment of five members of Dentons’ tax team.
Tax and transfer pricing partner Jeffrey Korenblatt, counsel Sheila Geraghty and economist Theodor van Stephoudt will be three of the newcomers to the Reed Smith team.
Korenblatt’s transfer pricing practice covers supply chain management, the ownership and utilisation of intellectual property; the optimisation of intra-group service structures; the implementation of multi-jurisdictional financing and the use of special purpose foreign entities; the use of foreign tax credits and the minimisation of the effects of anti-deferral regimes.
Geraghty ‘s work focuses on international tax and transfer pricing for multinational corporations and van Stephoudt, an economist, provides assistance in the development of transfer pricing documentation, the planning of appropriate intercompany prices, and the valuation of assets for tax purposes.
“Transfer pricing is a highly specialized and increasingly important area of global commerce that we are happy to now be able to offer our clients,” said James Tandler, Chair of Reed Smith’s Tax, Benefits & Wealth Planning Practice.