Washington, DC (PRWEB) July 17, 2014
Ernst & Young LLP announced today that Richard McAlonan, Jr. has joined the firm as Director of National Tax Transfer Pricing Controversy in Washington, DC, and will also act as the Americas Director of Advance Pricing Agreements (APAs) after serving as the Director of the IRS's Advance Pricing and Mutual Agreement (APMA) Program.
As director of the recently formed APMA program, McAlonan led a team of 120 lawyers, economists, accountants and staff. He was tasked with integrating the APA program staff with the Tax Treaty IRS group, improving productivity and efficiency while maintaining the high standards and strong image of the APA and mutual agreement programs. During his tenure, the IRS significantly increased the number of APAs completed.
“Dick’s experience with the new APMA program will bring tremendous value to our clients as they consider the most appropriate opportunities for increased tax certainty,” said Michael Mundaca, co-director of Ernst & Young LLP’s National Tax Department.
Prior to joining the IRS, McAlonan spent two years as an Executive Director for Ernst & Young LLP’s transfer pricing controversy practice, where he advised clients on transfer pricing controversy risk management and resolution (including audit dispute resolution) as well as APAs, competent authority procedures and tax treaties.
He has spoken at industry conferences and authored a series of articles comparing APA procedures in different countries.
McAlonan received his Master in Business Administration from Temple University and his Master of Science in Taxation from Pace University, where he graduated summa cum laude. He is licensed as a Certified Public Accountant in the District of Columbia and Pennsylvania.
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This news release has been issued by Ernst & Young LLP, member firm of EY serving clients in the US.