Arendt & Medernach is pleased to announce that transfer pricing expert Danny Beeton has joined the firm as Of Counsel. Danny is part of the tax and transfer pricing practice focusing on the transfer pricing aspects of complex financial transactions, asset management structures and restructures.
He advises clients on the determination of arm's length prices for all types of related party transactions, including goods, services and intellectual property, but with a special focus on financial transactions such as loans, guarantees, group treasury policies and asset management fees.
Danny's assistance is sought in the context of transfer pricing compliance and reporting, controversy and planning, and he has provided expert reports in the context of litigation.
Alain Goebel , Tax Partner heading Arendt’s transfer pricing practice commented: “We have been active in transfer pricing since the first set of rules was introduced in Luxembourg in 2011. Over time, transfer pricing has become crucial in tax structuring and we face an increasing number of transfer pricing litigation cases. Danny’s in-depth knowledge and experience in transfer pricing, in particular regarding financial services, perfectly fits into our existing practice and enhances our capabilities.”
Jean-Marc Ueberecken , Managing Partner, further stressed that “transfer pricing is key to our firm’s tax strategy and we are proud as a law firm to be able to offer complete transfer pricing solutions, both from a legal and an economic perspective. The arrival of as prominent an expert as Danny allows our firm to further develop our expertise in this field. It also demonstrates our ability to attract the best talents on the international market to our firm.”
Danny Beeton commented: “Clients increasingly need access to integrated legal services. As a full service law firm, Arendt is able to couple its top-notch tax practice with its other practices, such as private equity and real estate, investment management and banking and finance. This offers an exceptional platform to provide this integrated service to clients, including transfer pricing services. I am very excited to join the firm.”
About Tax and Transfer Pricing at Arendt & Medernach
Arendt & Medernach's tax practice consists of more than 50 full time dedicated tax specialists providing the full range of tax services from advisory and implementation to compliance and litigation. The tax practice has been active in transfer pricing since the introduction of transfer pricing regulations in Luxembourg in 2011. It focuses on offering compliance with the requirements of the transfer pricing legislation (including CbCR) and provides complete solutions to its clients, in different industries (comprising investment funds, asset management, banking and insurance). The team constantly maintains an open dialogue with the tax authorities and transfer pricing professionals across Europe in order to stay on top of new requirements, developments and solutions in the area.