Thu, Aug 7, 2014

Sherif Assef Quoted in Bloomberg BNA Transfer Pricing Report on Vanguard Whistleblower Suit

Managing Director Sherif Assef commented on a recent whistleblower suit against Vanguard Group, Inc. in which Vanguard was questioned about its treatment of a closely held entity that acted as the company’s fund management company. In assessing the allegations that Vanguard operated for decades as an “illegal tax shelter” because of its pricing practices, Sherif said that “they should be operating at arm’s length” and contended that a profit margin is appropriate regardless of whether certain services involve domestic or cross-border transactions.

Valuation Advisory Services

Our valuation experts provide valuation services for financial reporting, tax, investment and risk management purposes.

Transfer Pricing

Kroll's team of internationally recognized transfer pricing advisors provide the technical expertise and industry experience necessary to ensure understandable, implementable and supportable results.

Tax Services

Built upon the foundation of its renowned valuation business, Kroll's Tax Service practice follows a detailed and responsive approach to capturing value for clients.