Ernst & Young has launched a new Asia-Pacific Tax Centre, combining 20 countries and territories under a centralised leadership structure.
The Centre will include six segments; global compliance and reporting, global tax desks, performance and reward, quantitative, tax effective supply chain management, and tax performance advisory.
Ernst & Young said it plans to expand the centre three-fold over the next 18 months.
The launch follows the recent establishment of the Asia-Pacific Area in July when the company formally integrated its Far East and Oceania Areas and the fast growth rate of its EMEIA Tax Centre.
The Centre is led by Mike Carr, who is based in Hong Kong, and houses more than 100 tax professionals from Australia, China, Germany, Hong Kong, Japan, Korea, Malaysia, the Netherlands, Singapore, Taiwan, the UK and the US.