Global accounting network Nexia International has expanded its presence in the US with corporate tax specialist, Global Tax Management, Inc, a member of The GTM Group of companies.
The GTM Group is a consulting firm headquartered in Radnor, Pennsylvania, with three service lines – tax, technology and internal audit. Global Tax Management, Inc is the largest member of The GTM Group that services mainly Fortune 500 companies and middle market companies across a variety of industries including pharmaceutical, manufacturing, banking and finance. Services include federal, state and international taxes, tax technology and tax accounting. With five offices throughout Pennsylvania, Delaware and Northern New Jersey, the firm has more than 80 professional staff, including 14 principals and directors, and annual gross fee income of approximately US$16.5m.
Nexia International’s Executive Director Kevin Arnold says the move is part of its strategy to recruit high quality members with a strong presence in their local markets to reinforce Nexia’s position as one of the leading independent mid-tier global networks. “We are looking for strong practices in key areas to bolster our presence in the US and GTM is a good strategic fit,” says Arnold.
Larry Chastang (LarsonAllen), Nexia International Regional Chairman, North & Central America, says: “The GTM Group brings a unique group of very talented individuals to the Nexia International network. Their emphasis on tax planning and direct representation of corporate tax departments, including for Fortune 500 companies, is impressive. Combined with the worldwide reach and resources of Nexia International, the result is impressive.”
David Klausman, director in The GTM Group’s Northern New Jersey office, says: “At GTM our philosophy is to provide flexible and cost-effective solutions to our clients. We are honored and excited to be the newest member of Nexia International and look forward to our participation in this premier international accounting network and contributing our expertise in assisting multi-national companies with their worldwide tax affairs.”
For further information visit: www.gtmgrp.com