Daily News: May 15, 2014

AlixPartners Expands Transfer Pricing Practice

AlixPartners announced the addition to its Financial Advisory Services group of two former KPMG senior transfer-pricing experts, Steven D. Felgran and Steven D. Harris. Felgran and Harris join AlixPartners as directors in the firm’s expanding global Transfer Pricing Practice. Both will work from AlixPartners’ New York office.

“Steven Felgran and Steven Harris bring deep knowledge of the transfer-pricing regulatory environment and experience with the complex transfer-pricing issues facing companies today, both from an economic and advisory perspective,” said Harvey Kelly, global leader of AlixPartners’ Financial Advisory Services group. “They will play important roles as we build and integrate our capabilities globally, particularly as transfer pricing remains a significant issue for companies with complex intercompany operations.”

Felgran, a Ph.D. economist by training, has extensive experience in economic analysis and controversy support involving tax-authority policy regarding intercompany pricing. His primary work involves transfer pricing of tangibles, intangibles, services and loans vis–à–vis international and state rules and regulations. He has provided expert analysis in numerous transfer-pricing matters including bilateral and unilateral advance pricing agreements, most recently as a senior partner in the economic and valuation services practice of KPMG. He has also served as an expert economist and expert witness in matters involving transfer-pricing policy and implementation.

Harris has more than 20 years of transfer-pricing experience in government and the private sector. His primary focus is in transfer-pricing risk management, working with economists and accountants on strategies to mitigate exposure to transfer-pricing adjustments and to manage transfer-pricing controversies. He began his career at the U.S. Internal Revenue Service’s Advance Pricing Agreement Program, where he served as a team leader, senior technical reviewer, branch chief and acting director. After leaving government, Harris joined KPMG, where he formed and headed that firm’s global transfer-pricing risk management team. He comes to AlixPartners after a stint in private practice focusing on transfer pricing.