Bucharest – June 25 – Musat & Asociatii reinforces its expertise in taxation by welcoming Bogdan Voinescu, as Tax Partner, in the Tax Advisoryteam of Musat & Asociatii , an entity affiliated to the law firm. Bogdan Voinescu has a 14-year experience in tax advisory, out of which 8 years with two of the BIG 4 companies – Deloitte and Ernst & Young. Two other tax advisers joined the team of Musat & Asociatii, together with Bogdan, namely Andreea Florian – Tax Manager and Iuliana Cîrlig – Senior Tax Consultant. Extending the tax department thus allows the firm’s clients to gain access to integrated tax and legal services, provided by a strong team of tax advisors, but also attorneys with significant expertise in matters such as direct taxation, indirect taxation, procedure and litigation.
“Taxation is a key aspect, bearing a paramount financial impact in the activity of all companies, which is why minimizing or removing the associated risks stands out as a priority target. In the context of the multiple changes that occurred at legislative level, the lack of clarity and consistency as concerns the applicability of various provisions, but also on account of the increasing frequency of inspections conducted by the tax authorities, clients more and more acutely feel the need for specialized advice ensuring their efficiency and predictability. The Tax Advisory team of Musat & Asociatii is the answer to the need for tax optimization of business operators, in the context of the obvious synergy between tax advice and legal advice”, said Gheorghe Musat, Senior Partner Musat & Asociatii.
The Tax Advisory team of Musat & Asociatii is currently made up of two partners (Ionut Bohalteanu and Bogdan Voinescu) and 10 other attorneys and advisors enjoying a long-standing expertise in dealing with complex aspects of tax law relating to transactions, restructuring projects, but also the day-to-day activity of top national and international companies.
“Musat & Asociatii – Tax Advisory Division closely collaborates with the relevant departments of the law firm Musat & Asociatii, such as Mergers & Acquisitions, Real Estate, Energy and Natural Resources or Capital Markets, which constitutes a strong basis for identifying the most efficient solutions, having a genuinely positive impact on managing our clients’ tax contributions. The expertise of Musat & Asociatii – Tax Advisory Division covers all areas of tax applicable at national, but also international level, from direct and indirect taxation, transfer pricing and value added tax (VAT) and up to expert advice in mergers and acquisitions, complex cross-border transactions or identifying reliable financial alternatives for investments in Romania”, said Ionut Bohalteanu, Partner Musat & Asociatii – Tax Advisory Division.
Ionut Bohalteanu, tax advisor and attorney at law, is a member of Musat & Asociatii’s team of lawyers since 2004. His dual qualification has enabled him throughout his career to provide complex tax advice to top national and international companies in complex taxation projects spanning transaction structuring for fiscal optimization purposes, tax effects of State aid, direct and indirect taxation, VAT and customs tax issues for top-tier clients such as Monsanto , SAB Miller , Enel SpA , Delhaize , etc. Given his in-depth knowledge of tax law, Ionut is well-known for his capacity to elaborate complex structures and mechanisms for the implementation of transactions under optimum taxation conditions. As an attorney, Ionut Bohalteanu has acquired an impressive experience in mergers and acquisitions, advising clients in some of the most important transactions in the industry, such as the take-over of Electrica Muntenia Sud by Enel or the public take-over offer of The Rompetrol Group NV in respect of Rompetrol Rafinare and Rompetrol Well Services.
Bogdan Voinescu joined the team of Musat si Asociatii – Tax Advisory Division, as Tax Partner, having a wide range of experience in direct taxation, VAT and international tax, having coordinated high profile projects developed by leading multinational clients, throughout his career. Among these, Bogdan provided tax support to Enel in the successful privatization of Electrica Muntenia Sud and the tendering process for the privatization of Distrigaz Nord , provided tax support to BNP Paribas and tax due diligence in respect of the tendering and privatization process of BCR , coordinated tax due diligence projects having as object Tiriac Bank, Libra Bank, Romexterra Bank or Daewoo Automobile Craiova.
In addition, he has provided tax advisory services to major clients such as Prologis, world leader in developing, holding and operating industrial real estate, Alcoa, world leader in the aluminum industry, OMV/Petrom, regional leader in the energy field, APN Trust, pension and investment fund, Stream Invest/Clean Energy, Kelag and Verbund (wind power), the Habau group (constructions), Lacerta Winery (premium wine producer), Sparkassen Immobilien (Sun Plaza) and Valad (owner of industrial real estate) in various tax areas – tax on profit, VAT, local taxes or transfer pricing.