Deloitte has appointed Kit Dickson as a new partner in its information reporting and withholding taxes group within the financial services practice, based in London. He previously worked at KPMG’s investment management team.

In his new role, Dickson will lead the operational taxes team, with a particular focus on pension and investment funds and EU law for financial services firms.

Cross-border tax and compliance issues have become increasingly important in recent years, as demonstrated by developments such as the US FATCA Act, for example, and treaties between nations to improve transparency over tax.  

“It is an important time for those dealing with global investments. Since 2008, we have seen a move towards tighter controls and foreign investors having to provide a greater flow of information to foreign authorities. This brings challenges to clients across the financial services sector to manage their tax reporting and withholding requirements wherever they are invested around the world,” Gordon Dootson, financial services tax lead at Deloitte, said.