International Tax Expert Joins WTP Advisors Chicago

International Tax Expert Joins WTP Advisors Chicago

Jan 30, 2014

Fuad Saba, Former Big Four Tax Partner, will Provide Transfer Pricing Consulting Services

Chicago – Fuad Saba, MBA, CPA, MST, with over 25 years’ experience in international tax and transfer pricing issues for large multinational corporations and middle market businesses, has joined the Chicago office of WTP Advisors where he will oversee the Midwest region’s international tax client services.  WTP Advisors is an award-winning global tax and business advisory firm.

“With Fuad’s experience in Public Accounting, as a consultant to major U.S. multinational companies, and with his in-house corporate tax experience with Fortune 200 companies, he is in a strong position to work closely with the tax executives of multinational organizations and help them through these uncertain times,” says Ian Boccaccio, partner and co-founder of WTP Advisors.

Many companies may face the need to restructure foreign operations because of coming tax legislation and the generally more restrictive tax planning environment in which they now operate.  

“Together with the quantitative skills that the WTP tax team is known for, we can help deliver extraordinary value to multinational companies, and shepherd complex tax or transfer pricing projects through the organization in a cost-effective, integrated manner, with the attention of seasoned professionals with many years of multinational consulting experience,” says Saba.

 Corporations around the world are facing increasing uncertainty regarding the international tax playing field in 2014:

  •  Prospects for meaningful tax reform in the U.S. are still a ways off, while the Organization for Economic Cooperation and Development (OECD) has launched its Anti-Base Erosion and Profit Shifting initiative (BEPS).
  • BEPS is likely to result in many tax law changes in both developed and developing countries that are concerned with preserving the integrity of their tax base.
  • The OECD is re-evaluating the taxation of business restructuring transactions and the taxation of intangibles (including transactions in the cloud) and also revisiting fundamental transfer pricing principles.
  • At the same time, non-OECD countries (such as the BRICS) are working to protect their revenue base with new tax and transfer pricing principles that are not always consistent with those of the OECD. This lack of uniformity amongst countries will create more opportunities for tax audit conflicts as well as double taxation.

“WTP’s specialists are skilled at evaluating complex fact patterns and transactions to create tax and transfer pricing planning opportunities. We are also very effective at communicating complicated tax rules in understandable terms for various audiences,” says Saba, whose experience includes large project management as well as traditional tax and transfer pricing disciplines.

Saba was drawn to WTP Advisors because of the firm’s mission and brand, which was built to bring value-added services to the client by staffing each project with more experienced professionals per project than its competitors, a quality which distinguishes it in the marketplace and has drawn widespread recognition to the firm for its rapid growth and successful business model. WTP Advisors made the Inc. 500|5000 list of America’s fastest-growing private companies in 2011, 2012, and 2013, and was named a ‘Small Jewel’ of the consulting world by Consulting magazine. Fortune magazine also ran a story on WTP Advisors, pitting it against Big Four accounting firm rival, PwC in its ‘David vs. Goliath’ column.

About Fuad Saba, MBA, CPA, MST

Fuad Saba has over 25 years of experience in providing value-added tax services to Fortune 1000 and middle market businesses. Fuad holds an MBA from the University of Michigan (cum laude,) a Master’s degree in Tax from Pace University, and is a CPA. Fuad previously was a National Tax Partner with a Big Four Accounting Firm, and was most recently Vice President, International Tax with Navistar, Inc.

Fuad specializes in international tax matters, including structuring for international transactions and operations, principal company, supply chain and holding company planning and treasury planning. He assists his multinational clients in various areas including: research and planning, structure development and implementation, compliance reviews, tax attribute reviews, federal and foreign audit defense and transfer pricing planning and strategy (including Advance Pricing Agreements and Competent Authority procedures.)  His industry experience encompasses manufacturing/distribution, oil & gas, mining, pharmaceuticals, life sciences, telecommunication and cable television, and software/technology.

Fuad has spoken before numerous business and professional groups and has held Board Member positions with the International Fiscal Association (U.S. Branch) as well as various industry Chambers of Commerce.

Fuad can be reached at fuad.saba@wtpadvisors.com, or on 630 567-1380 (mobile) or 630 473-0482 (fax).

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 WTP Advisors is a leader in tax and business advisory services for a global marketplace.  Our highly skilled professionals equipped with years of industry experience, coupled with our cutting-edge technologies, make substantive and long-term differences to an organization’s profitability.  WTP Advisors is headquartered in White Plains, New York, with offices across the Americas, Asia, and Europe.