EY appoint new CI Tax Executive Director

Sunday 05 January 2014

EY have announced the appointment of Wendy Martin as Tax Executive Director in the Channel Islands.

Ms Martin joins EY from the States of Jersey, where she was the Director of Tax Policy with responsibility for developing and implementing all aspects of domestic and international tax policy. Wendy has an impressive career spanning over 20 years. She is a member of the Institute of Chartered Accountants in England and Wales and a member of the Chartered Institute of Taxation.

Prior to joining the States in 2009, Wendy spent 17 years in private practice with the last three years in private equity M&A. She primarily provided transaction advice, which involved leading funds flow work and post-acquisition restructuring.

Wendy has an exceptional understanding of domestic and international tax policy from her time working for the States. She negotiated the FATCA intergovernmental agreements with the US and the UK, which involved working with the IRS to develop their understanding of trusts and resulted in the change in treatment. This substantially reduced the burden for trusts and the IRS in terms of the registration requirements and risk of duplicate reporting.

Wendy said: 'Joining EY provides me with an opportunity to share what I have learnt whilst working for the States of Jersey with a truly integrated global network to provide cross-jurisdiction solutions with the local business community.

'I am excited about returning to private practice. I look forward to providing our clients with tax solutions that enhance their offerings and helping them navigate the complexities of local and international regulations.'

Andrew Dann, EY’s Channel Islands Managing Partner welcomed Wendy to the Channel Islands team. He said: 'We are delighted that Wendy is joining our local leadership team. Her involvement in developing international and domestic tax policy will provide our clients with a wealth of invaluable insights. In particular, she will be providing fund managers, trust companies and administrators with proactive advice on how to address the compliance challenges associated with FATCA.'