Our Highlight sequence highlights the careers and lives of tax professionals throughout the globe. This week’s focus is Ali Kazimi, the managing director of Hansuke Consulting Restricted, a world monetary consulting agency primarily based in London.
Kazimi based Hansuke six years in the past, after holding successive management roles as head of tax at BlackRock Inc. and as a world accomplice of Deloitte UK and Center East. He ceaselessly speaks at conferences and writes on quite a lot of matters comparable to custodial buildings, pension and asset pooling, and stamp and switch taxes, amongst others.
In his spare time, you may discover Kazimi recording his podcast, the Tax Recordsdata; making himself some freshly squeezed orange juice; or dreaming about touring by means of Lebanon.
What’s your official title and what does it imply? My official title is Hansuke managing director, which suggests I guarantee shopper service supply and that the interface with the shopper is managed correctly and with the excessive service ethos that all of us subscribe to.
Free time: guide, audiobook, or podcast? My go-to podcast is, in fact, the Tax Recordsdata, which I co-present with Ektaa Kumar who’s the tax government at Michael Web page. Throughout instances of warfare, my go-to guide is “Catch-22″ by Joseph Heller, which actually exhibits the futility and pointlessness of warfare—Yossarian lives!
Tax is a big topic. What’s your space of particular curiosity? At the moment, it’s tax integrity and the way it impacts monetary establishments in mild of the Panama and Pandora Papers, and so on. More and more, I’m engaged on the significance of taxation inside the broader ESG agenda.
What’s the final film or present that you simply watched and cherished (DVD, Netflix, or within the theater)? Of late, I’ve largely been studying, however I’m wanting ahead to watching the brand new “Matrix” movie.
What school did you attend and what did you examine? I studied enterprise administration on the College of Tub. I additionally went on an educational trade program with the Copenhagen Enterprise Faculty.
Go to pick-me-up: Espresso or tea? Tea, in fact—I’m British.
What’s the most effective tax or monetary recommendation that anybody ever gave you? It must be to get into exchange-traded fund investing and to economize for my retirement plan.
In the event you weren’t working within the tax occupation, what would your dream job be? In all probability an architect or a journey author.
In the event you had the chance to make one change within the tax world—an additional credit score, a disallowed deduction, no matter—what would it not be? I’d undoubtedly usher in a complete raft of taxes to assist us obtain the net-zero goal. It’s prison that we’re destroying the planet.
Favourite meals, snack, or sweet throughout tax season or different busy time? Freshly squeezed orange juice, sushi, and tiramisu.
What tax information or transfer made essentially the most influence in your observe or purchasers this previous yr? There are two developments: the Anti-Tax Avoidance Directive and Crypto-Asset Reporting Framework. ATAD3 is the most recent measure by the EU that seeks to problem shell entities. The influence of the proposed laws, scheduled to go reside throughout the EU on Jan. 1, 2024, might be fairly far-reaching, given the importance of EU primarily based buildings in worldwide cross-border investing. We’re actively working with fund administration teams to construct substance, be sure that funding buildings are usually not inadvertently affected, and to make sure that treaty advantages proceed to be loved. In the meantime, the OECD has initiated work on the event of a brand new tax transparency framework for CARF. Given the rising significance of crypto-assets throughout a variety of funding and monetary actions, the OECD felt it was time for a proper framework to be developed. Alongside CARF, the OECD is seeking to overhaul the Frequent Reporting Commonplace regime. It is going to be the primary revision and attracts on the experiences of the previous seven years because it was first adopted. The proposals search to increase the scope of the CRS to cowl digital cash merchandise and central financial institution digital currencies.
In the event you obtained a giant tax refund test proper now, what would you do with it? Guide my vacation journey to Lebanon. I not too long ago learn “The Downhill Mountain climbing Membership” by Dom Joly, and now I’m desirous to retrace his journey.
You could find Kazimi on LinkedIn.
You may study extra about Kazimi’s agency, Hansuke, on its web site.
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