Francesco Pignero

International tax professional with experience in multinational corporate environments.

Experience in multiple jurisdictions and in different areas of taxation including but not limited to: M&A, Tax planning and Optimization of the tax burden (EMEA and Asia)

• International Tax Accounting, Tax Provision, Tax reporting (i.e. ASC740, IAS12)
• Indirect taxation advise
• Tax Compliance (i.e. CIT, VAT, WHT)
• Definition and Implementation of Transfer Pricing Policies (Master files, Country files, CbCR)
• Lead on Tax audits and Tax Disputes
• Tax incentives and benefits for corporations across multiple jurisdictions
• Definition of Tax Process Automation and Implementation
• Monitoring and Follow up on International Tax Developments (i.e.DAC6 and Pillar 2).

HEAD of GROUP TAX at Ageas Group HQ (formerly Fortis) (2018-01 – Present)

Insurance with activities in Europe and Asia.

• Advising Executive Committee & Senior Management on tax issues (in particular corporation tax, dividend tax, VAT).
• Tax reporting for consolidated quarterly figures (contact point external auditors): Tax Provision Calculation (ETR) for IFRS/IAS12.
• Indirect taxes business related tax advice.
• Transfer pricing, including design and implementation of Country by-Country reporting / Master File / Local file.
• Tax advice on M&A and restructurings (including input on legal documentation such as SPAs).
• Tax Rulings.
• Tax audits (CIT, TP and VAT).
• Improve tax reporting processes.
• Coordination of tax returns (CIT, VAT, WHT, etc..).

TAX MANAGER EMEA at International Paper (2011-01 – 2018-12)

US multinational active in the production and selling of paper and related product.

• Tax Provision Calculation (ETR) and FAS109/ASC740 reporting supervision (tool used: OneSource/TaxStream) for the EMEA region, FIN48 estimation, Valuation Allowance analisys, Purchase Accounting review and follow up, Balance Sheet review and SOX compliance processes. Review of US GAAP tax entries for EMEA (SAP).
• Transfer Price: Supervision of the TP policies (i.e. masterfiles, country files and benchmark reports) for the EMEA region and follow up of tax audits. CbC Reporting follow up and supervision for the EMEA region.
• Indirect Taxes: Participation to VAT projects (i.e. Foreign VAT reclaims, VAT audit trails).
• Tax Processes Improvement: Leader for EMEA on the improvement of tax processes through available or new technology (i.e. mapping, design, implementation, etc.).

SENIOR TAX ADVISOR at Deloitte (2007-01 – 2011-12)

International Consulting (Tax Compliance / Advice)

• Tax Structure Reports, Due Diligence Reports, Advance Tax Analysis.
• Preparation of Income Tax, Municipal Business Tax, Net Worth Tax and Withholding tax returns and other returns.
• Tax Audit: Review of the annual/interim financial statements, computation/review of tax provisions/charges.
• Other: Participation to Qualified Intermediaries Regime audit projects and FATCA regime projects, European Savings Directive tax advice projects. Responsible for the following up on international tax changes and preparation of Tax Alert Newsletters. Preparation and organization of seminars/trainings/conferences.

Tax CONSULTANT at Banca Intesa San Paolo (2005-01 – 2007-12)

Consultancy services (Italian desk)

• Follow up on the tax (direct and indirect)/legal (national and international) compliance.
• Tax audit missions.
• Supervision and preparation of the Income Tax Returns and other tax returns, preparation of VAT tax return.
• Supervision and calculation of tax provisions.
• International tax planning.
• Tax Rulings.

Dottore in Economia e Commercio in Tax LAW – University of Naples (2005-01)

Master in International Tax Planning – University of Naples (2003-01)

Bachelor of Science in Economics – University of London (1997-01)