Deloitte France splits tax and legal work
In an effort to meet what it calls 'regulatory and market conditions', Deloitte France has hived off its tax and legal arms.
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A new name for the separated firm will be announced shortly, which will be dedicated to serving large and medium sized companies within the French market.
It will fully separate from Deloitte France and have its own management structure, governance and information systems as well as complete economic independence.
Deloitte France will maintain its own team of tax professionals to perform tax reviews related to statutory audit assignments.
‘This transaction will accomplish our highest priority, to ensure that our clients continue to receive the same, high-quality professional services in France as they do all over the world,’ said Alan Schneier, global managing partner for tax and legal services at Deloitte.
‘The structure in France is changing to adjust to the new regulatory environment, but our mutual approach to client service and our standards for quality and integrity remain the same, and will continue to do so.’